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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?

To: WillP who wrote (315)	11/22/2002 10:23:06 PM
From: Letmebe Frank	Read Replies (1) \| Respond to of 16206

Case closed! Thanks guys. Have a great weekend all.

To: WillP who wrote (315)	11/27/2002 10:51:13 AM
From: Famularo	Respond to of 16206

Tahera Corporation arranges $1.8 million flow-through financing Tahera Corporation is pleased to announce that it has arranged a $1.8 million private placement of flow- through common shares in two separate transactions. In the first transaction, each flow-through common share will have a subscription price of $0.16 per share, resulting in 9,375,000 flow-through common shares being issued for total proceeds of $1.5 million. Dundee Securities Corporation and Canaccord Capital Corporation have agreed to act as agents for the transaction. The agents will be paid a total fee equal to 5% of the value of the gross proceeds of the private placement. In addition, the agents will receive 468,750 common share purchase warrants. The warrants will have a 12-month term and an exercise price of $0.16 per share. In the second transaction, a private investor subscribed for 1,875,000 flow-through common shares at a subscription price of $0.16 per share, for total proceeds of $300,000. Tahera will utilize the proceeds from the private placements to fund additional exploration on its diamond exploration projects in Nunavut and the Northwest Territories. The two financings are subject to regulatory approval. To find out more about Tahera Corporation (TSX: TAH), visit our website, tahera.com. Tahera Corporation is focused on developing its highly prospective diamond projects in Canada's prolific Slave Craton. Tahera is the operator of its wholly-owned Jericho Diamond Project in Nunavut, and has an exciting joint venture with Rio Tinto on the Rockinghorse Property (Anuri kimberlites) in Nunavut. The common shares of the Company trade on the Toronto Stock Exchange under the symbol "TAH".

To: WillP who wrote (315)	11/28/2002 12:12:48 PM
From: Famularo	Read Replies (2) \| Respond to of 16206

Will, what you make of MTX? Low volume, but the stock has tripled within a week. Market cap is over 50million. Looks like buyers want a piece of what may be found with Chuck Fipke. The other stock doing well is Artic.. Check it out. Anybody have comments on MTX and/or ADD?

To: WillP who wrote (315)	12/20/2002 12:48:02 PM
From: E. Charters	Read Replies (1) \| Respond to of 16206

I think the confusing issue is -- what is good chemistry in xenocrysts, how is it determined, and what statistics must the xenocrysts have with regard to that chemistry? If a promoter says "great chemistry" or "we have G10's" I will grant you that the chances of economics are not assured. However good chemistry is more than G10's. The factors that agur well statistically for pipe economics are: (these are biased towards non-eclogitic kimberlite) 1. pipe being in a regionally low geotherm (<40 mw heat radiation per sq metre). 2. pipe being about ~50+ miles of craton/archon edge, or in euogeosyncline. 3. large size of pipe. 4. other economic pipes being in proximity 5. high diamond content of pipe field. 6. tendency for pipe to be crater or at least diatreme facies at surface. 7. uniform lithology of pipe (some pipes are dual lithology). 8. low oxygen fugacity of pipe (low diamond resorbtion on ascent). 9. tendency of pipe to form large diamonds. 10. presence of eclogite in rock mass. 11. copious micro diamond content (rough indicator and lack thereof does not rule anything out). 12. presence of large number of deep purple, unfaceted pyrope. Kelyphitic rims is a good sign. 13. 14% or thereabouts of the pyrope having greater than 5.1% chrome and less than 2.6% calcium. 14. general garnet population being high in nickel if pipe is low in pyrope. 15. chromite population including ones with greater than 68% chrome. 16. presence of huge macrocrysts. 17. pipe being high in magnesium, high in potassium; low in calcium and aluminum by whole rock analysis. 18. presence of perovskite. 19. mica with reaction rims of reibeckite. 20. highly serpentinized olivine. 21. deep colour index of kimberlite rock mass (not a universal indicator and may be misleading) 22. high quality of diamonds found. 23. presence of rare diamond types. 24. lots of diamonds of large size found :) With all these factors, or many being present, the probability that you are not in an economic pipe, no matter where the pipe may be found in the world is starting to be fairly low. Note that certain groups of indicators in the above list are by themselves very important and can lead to very firm conclusions as to whether to spend money determining pipe economics. I am keeping that list to myself. It is also true that there are other omitted indicators. When is a pipe known to be NOT economic. This is the far thornier question. At what point do you stop sampling the pipe? With many eclogitic pipes of probably good economicsx this is very tough. This is why nickel thermometry is an imperative. It is probably true that many eclogitic pipes have been left behind, solely because they had poor small sample diamond counts and were low in pyrope. With a possible wildly economic eclogitic pipe, the diamond counts may be as low as .25 carats per tonne. With sample sizes of less than 5,000 tonnes, this grade and its economics may be impossible to determine. No testing in Canada so far would have discovered or revealed the economics of the Premier Mine pipe, which is the most economic kimberlite so far found, despite its grade of 0.35 carats per tonne. It is also very tough to recover diamonds in small plants. For complete recovery a plant has to have several carefully setup recovery techniques. One wrong headed plant in Canada used solely a "sortex" or x-ray fluorescence sorter to recover diamonds in bulk testing. Less than 30% of diamonds x-ray-fluoresce. The plant also needs very expert setting to get recovery of those diamonds. A possibly economic diamond field was left behind in Canada, perhaps forever. EC<:-}