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To: TrueScouse who wrote (25278)12/9/2003 12:13:24 PM
From: Claude Cormier  Respond to of 39344
 
Howy,

That is the kind of holes that will transform the resource into a proven reserve.



To: TrueScouse who wrote (25278)12/9/2003 12:45:54 PM
From: Josephus  Respond to of 39344
 
Howy & Claude:

Indeed thanks Claude.

OTOH There appears to have been a lot of churn over the last few days without any movement in price. Could it be the UK institutionals excersizing there option to purchase before the 31st?



To: TrueScouse who wrote (25278)12/9/2003 1:56:57 PM
From: TrueScouse  Respond to of 39344
 
Claude:

Re. TVC: Indeed, in addition to the nice grades at vein intersections, the thing I like most about the PR is the following:

"The above results have in general verified the widths and tenor of previous drilling on the known veins. In addition at several locations the recent drilling has intersected gold mineralization above the cut-off of 6 g/t gold over a minimum mining width of 1.25 metres in blocks that had been designated waste in previous resource calculations, thereby changing the "waste-blocks" into "ore-blocks" that will be included in the new resource estimate."

In addition, TVC has started exploration work at the Kremnica property, so I'd expect to see a steady stream of news over the next few months. One of the advantages of exploration in Europe is that it can go on year-round with the mild winters -- although anyone who's ever spent time in Northern Ireland or the Slovak Republic in December probably doesn't think of the weather at this time of year as mild. <vbg>

Anyway, this value play is becoming more valuable IMHO... with lots of blue sky exploration potential.

Regards,
Howy