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

To: Letmebe Frank who wrote (3821)	2/20/2006 1:10:28 PM
From: VAUGHN	Read Replies (5) \| Respond to of 16206

Hello Frank I believe the distribution is roughly in-line with what DB's pulled in early drilling at Victor as MTX has previously stated. I also believe folks have always been too quick to jump to conclusions based on far too little initial data and I believe CF knows what he's doing, perhaps more than almost anyone else in the industry. Consequently, when MTX states: "As mentioned in its press release dated January 18, 2006 the Company, and its partner Arctic Star Diamond Corp (ADD - TSX V), have commissioned a 200 tonne bulk sample to be collected and processed from T1 to determine diamond grade and indicative stone value." * and* "The Company is particularly encouraged by the quality of the pristine white diamonds recovered from T1, their size distribution and the mineral chemistry of the T1 diamond indicator minerals. The new microprobe results reinforce the exceptional mineral chemistry of T1 and its prospectivity." I remain sufficiently intrigued. No junior with MTX management's credentials is going to expend scarce capital on a 200 tonne mini-bulk sample without good reason. In my opinion, folks who don't have a piece of MTX now will regret their overly cautious stance both because of what I believe T1 will prove to contain, but also because of the numerous other outstanding targets and plays MTX is pursuing. This is not a one trick pony. All the best. Vaughn PS: Congrats on your PLY profit! PSS: Nathanc, you need the patience of Jhobe(sp?) to invest early days in diamond juniors, but that is how significant profits are made. My patience has been rewarded and I expect it will be significantly in the future. Good luck.