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Gold/Mining/Energy : Commander Resources Ltd -- Ignore unavailable to you. Want to Upgrade?


To: UPTICK who wrote (88)10/8/2003 11:47:45 PM
From: VAUGHN  Read Replies (2) | Respond to of 169
 
Hello Uptick.

Thanks for the kind words. Its so much more enjoyable isn't it when we're polite to each other, even if we don't share the same perspective.

Regarding time, if it were a junior as operator I am quite sure we would have been told through a NR of the first MS intersection but Falco is the operator and my Sudbury friend assures me that they operate like every other big bureaucracy with little regard for the folks who feed them.

My friend believes the cores will all have to be completed, all logged, all split, all shipped to Falco's lab, all assayed and data all analyzed and then the senior management will all have to chew on the data before any news will be released, and since they have not completed the last hole yet, (fact) you can appreciate that we "probably" have a while to wait before we hear anything.

I haven't heard a thing from anyone who attended the Calgary conference on any subject other than PFN & ITF, sorry.

If I do, I will pass it along.

Best regards

Vaughn



To: UPTICK who wrote (88)10/22/2003 4:28:11 AM
From: VAUGHN  Read Replies (3) | Respond to of 169
 
Hello Uptick

I can answer one of your questions, however, such posts almost always sound like pumps which unfortunately I can do little about. I am sure you can appreciate that I can't go into any detail about sources, so please ignore me or believe me according to your common sense and perspective.

No one but Falco project management can say when 2003 drilling at SVB will be completed as Falco is extending its initially announced 6 week time frame and drill program, and continues to drill as you read this.

Draw your own conclusions as to why Falco is still drilling and spending more than originally budgeted for 2003, and while you are considering why, keep the following in mind:

1) The SVB Gabro has been roughly established to be slightly smaller than the one found at the largest known Ni/CU/Co deposit in the world (Norilsk, Russia).

2) Past PFN - NR's stated that the SVB Gabro is very deep and highly, HIGHLY contaminated, which is to say that a great deal of molten gabro intruded the host gneiss as an extremely hot and disruptive melt incorporating a significant amount of host mineralization including sulfides and silica into it's geochemical structure providing the geochemical environment for separation/precipitation of NI/Cu/Co and possibly PGE's from the gabro.

3) The SVB Gabro has been established to be highly depleted in NI/Cu/Co and PGE's.

4) Ni/Cu/Co and PGE sulfides are much heavier than Gabro and in extremely hot melts, would percolate and flow down consolidating as massive sulfides at the lowest level or local of entrapment such as depressions in the host gneiss, fractures, faults, etc.

5) Falco is drilling through +500 meters of Gabro on CMD's claims to reach the geophysical targets.

6) The deeper/thicker the depleted and contaminated Gabro is, the greater the volume of precipitated/liberated Ni/Cu/Co and possibly PGE's must be.

7) The geophysical targets on CMD's claims apparently cover as much as +/-20 sq. kms.

9) Given the thick, highly contaminated, highly depleted gabro has precipitated/produced a significant amount of massive sulfides which the SQUID and other employed geophysical systems indicate as being the drill targets prove to be say 20m thick averaging say 1.5 to 2% Ni valued at say $350/tonne, what would several 20 sq. km such massive sulfide deposits be worth? You do the math...

10) Neither DML or CMD have promoted SVB this go round so the market like you and I is sitting and waiting and/or simply doesn't know about the play. But the simple fact is, based on the volume of gabro and the geophysical/geological conditions, SVB has the potential to be an enormous massive sulfide deposit.

I don't anticipate hearing what Falco drilled and found for some time yet because as I said, they are still drilling.

I continue to view CMD's and NAI's price(s) and dips as extra ordinary opportunities that we are all going to wish in the coming months that we had had more $$ to take advantage of. It would also appear by the quiet dip buying that some knowledgeable investors share that perspective.

Good luck.

Vaughn