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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pakstas who wrote (4436)5/13/1998 12:27:00 PM
From: VAUGHN  Respond to of 11676
 
Hello Ed

***OFF TOPIC***

I had a long conversation with a senior diamond exploration geologist for one of the bigger players here in the NWT. The junior bloom and euphoria is certainly off the rose but rest assured, exploration by people and companies with real expertise is still actively being pursued. Most of the juniors are just about out of cash and are looking for deals from deeper pockets. Look to see Monopros, BHP, Kennecott, Aber and Southernera optioning ground that they still feel is prospective and for which they have to give up little to get allot.

This party confirmed my long held belief that the easy pipes have been found here, but there is ample evidence that there are many atypical pipes who's geochemical and/or magnetic/electromagnetic signatures are confused or screened. Success requires knowledge, persistence, hard work, deep pockets and of course a lot of luck, but rest assured, more and possibly bigger and richer pipes will be found on the Slave Craton.

As an investor, there is money to be made in diamond speculation here in the NWT, but it will take patience. I certainly understand your frustration as I have had more than a few trials myself, but the tortoise will finish and possibly win.

Regards