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


To: Ron Waller who wrote (4701)5/21/1998 11:00:00 PM
From: Terence Mitchell  Read Replies (1) | Respond to of 11676
 
Hi Ron,

Kaiser should stick to other things, in one foul swoop he has established a "few yardsticks" for everyone to measure geological and mining economics. (2% Ni, 1% Cu, 20 ft intercept) what the hell does he think he's talking about. An economic discovery has one hell of a sight more statistics than that and so to me he has just put his foot in his mouth. (and he should keep it there)

The unfortunate thing he has now created an impression in the minds of his followers and bingo we now have another market (un-maker). My god these guys should just shut up and "let the Universe unfold as it should".

regards, Terence Mitchell



To: Ron Waller who wrote (4701)5/22/1998 2:32:00 PM
From: VAUGHN  Read Replies (2) | Respond to of 11676
 
Hello Ron

***OFF TOPIC***

Victoria Island is off Craton and is therefore a very unlikely place to find an economic kimberlite. The existing kimberlites up there which have been extensively documented by the GSC and DIAND are not even remotely economic and have terrible chemistry.

The Chief Geologist for Trivalence (Pell) did the early work on them and has several papers to her credit. If you don't want to take my word for it, check with her.

I personally would not buy MGJ with an eye towards VI making any likely contribution to its market value. Kaiser continues to demonstrate little basic understanding of diamond exploration geology and appears to be hanging his hat on the fact that DeBeers is active up there. Well DeBeers is active in Finland, Greenland, Brazil, Ontario and Alberta too and how many economic pipes have been found there so far?

Rather you might consider it more likely that JK likes MGJ because he has some and he's pumping it, and doesn't own or is shorting DML, because that was Grandich's call. He's self admittedly had a bad year and I think its getting to him.

Just an opinion.

Regards