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