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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?

To: VAUGHN who wrote (1325)	10/9/1998 11:56:00 AM
From: George J. Tromp	Read Replies (3) \| Respond to of 2251

Hello All: My apologies for not responding earlier., thanks Vaughn for your diligent updates on the NWT., been on the road for the last week., and heading out again Monday., so I am just now viewing the releases from Winspear and others. I had a brief conversation with Sophie this morning., and trying to clear the cobwebbs of traveling and getting updated on some releases will take some time., just for those interested., the 22 drill holes of last winter are being processed for diamond counts.,, and the proximitry of those holes are closer to anamoly 186 than elsewhere. They (Winspear believe) that the hypabysmal kimberlite is diatreme material., and the multiple dyke emplacements are radially orientated., so with that perspective one might postulate that the lake portion of the dyke system may be interconnected to a pipe structure., 5000 to 10000 ton bulks will be extracted this winter. I am comfortable as posted a few months ago., of 4-5mil ton resource., and the potential for more this winter as delineation drilling takes place on the lake. I am as well comfortable in speculatively guessing that the diamond counts will be higher on the 22 drill hole material than the NW penninsula dyke system., based on the 290Kg boulder samples . So keep this in the back of your mind as these results unfold. In regards to Major General., I hope to talk with them in more detail., concerning their latest results., however I am pleased in this early stage that diamond bearing kimberlites have been encountered. Good geology narrows the gap for an economic discovery., and think it noteworthy that the area is producing a major diamond bearing field. Rex Diamond., I hope to converse with them in more detail over the coming months., when time allows.,, however., it would appear that they are confident of a major discovery yet this year from Mauritania..,, and that is my hope as well. In a lousy market enviroment., the good companies will find ways of advancing well placed properties. Mountain Province Mining: At this point in time., I am somewhat disappointed in their results. 1. Much time has elapsed since initial extraction from the 50 tons in each pipe. However., little has been done to advance the perception that this company has advanced shareholder value. the press releases were ambigous., and lack the clarity with which an investor can assess results. Southernera: Good developement on that front as well., I will let Vaughn present that story as it unfolds., and am excited about the potential there as well. The potential of this company will be expanded and the future is sound. Sincerely George J. Tromp