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


To: VAUGHN who wrote (958)6/11/2003 5:10:58 PM
From: Letmebe Frank  Respond to of 16207
 
Jole at the SH Twin Mining thread had the following to say:

"Big news soon.
My spies have spotted very important people from
De beers, Newmont and Rio Tinto visting Twin.
BHP were also was showing a lot of interest at the PDAC.
A joint venture deal will be announced soon.
Face the facts, in spite of the best grade of diamonds ever
discovered, the grades are only 0.20 CPHT, projected to
0.50 CPHT on the size distribution charts. With this quality
and quanity 0.50 CPHT is suffient to make a mine. however the
228 ton samples were taken from 6 different locations on the
Freightrain pipe. Confirmation of this grade has to be estabilished.
The Jackson Inlet will require a lot of venture capital before a
production decision can be made Twin can not swing this alone.
The last NR stating that Twin had more then doubled their previous
land holdings suggesting that Freightrain may not be the best pipe."

stockhouse.com;

If I had to pick between SRM and TWG for most likely to appreciate from current prices in the next 2 months, I would gamble on TWG. And both are still gambles, with TWG likely to have the economics for a mine, and a lot of untested targets. FYI I hold TWG from much higher prices. Its dropped off most radars, and a good bottom fish IMHO.

[As posted on Fast Franks Diamond Thread on SH]

PS2 - As much as I enjoy this banter, I don't have the time I want to discuss things - too many issues and responsabilities. Life is getting in the way :)