Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Lytton Minerals -- Ignore unavailable to you. Want to Upgrade?

To: Blue who wrote (15)	12/4/1997 5:50:00 AM
From: VAUGHN	Read Replies (1) \| Respond to of 92

Hello John Personally, I find the whole LTL/NI/MPV relationship and interrelationship, a family I divorced two years ago and want to avoid. Don't confuse this with the fact that I think they are a short because I can't see clearly enough to say one way or the other. What ratio of LTL shares will match up with NI shares in any amalgamated company is an open ended question? But I would rather buy NI than short LTL. Either way, I don't trust this group and prefer to avoid the play entirely. Regardless, the Jericho pipes are for real and may even be the first real producers here in the NWT by continuing to use the Lupin Mine site, but it will only be run at around 1,200 t/d with $50+-/carrat ore I believe (some very large stones however/40 carrats). Unfortunately, hardly enough to appreciate all the existing outstanding shares by very much. There is lots of potential here still but I have not heard of any further exploration success and I don't believe Canamera has conducted their exploration for a year or more now. My sense is that they are concentrating on the amalgamation and getting Jericho into production. If you want action, there are much better plays to follow in the NWT, and I suspect most of the short action has already occurred and will be covered shortly if you'll pardon the pun. If you want to short the diamond plays, do it in June or July some times even earlier depending on the play. Regards