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

To: George J. Tromp who wrote (1530)	10/29/1998 10:20:00 PM
From: donkeyman	Respond to of 2251

George, Major General may have had in past cores a few of those 0.5mm to 0.99mm size Macros, and not reported it, because De Beers did not tell them. MGJ did report 1 large Macro over 1 mm. So let's say MGJ reports 5 macros among those 75 diamonds from that 80 kg core sample, that would mean 62 Macro diamonds per ton. George what would that mean, if we see this, has there been other diamond cores that rich, in the NWT's, Dia Met I understand has approx. 1 carat per ton.??

To: George J. Tromp who wrote (1530)	10/30/1998 12:08:00 PM
From: VAUGHN	Read Replies (1) \| Respond to of 2251

Hello George I do not and will not argue about any of the positive signals MGJ gives off. It does appear to modestly be one of the better juniors in that department. What troubles me are the little things. In the past, when I have observed them on other plays and ignored them, being caught up in dreams of megabucks, inevitably they came back to haunt me as signals I should have paid attention to. I still remain hesitant about believing that the craton extends under VI if it does exist, and how unaltered it is, because of the Mackenzie magmatic uplift event. The fact that DB's is a participant in this play does not carry the weight in my mind, that say DMM or SUF might. DB's have had a habit of partying with juniors all over the map in areas of questionable potential. Who knows, they certainly have forgotten a hell of a lot more about diamond exploration than I will ever know, but they were playing house in Saskatchewan with Aaron and Kensington and have jumped into the Brazillian, Albertan and Greenland plays with both feet. They even looked over Yamba Lake and couldn't see the five trains that are as plain as the nose on your face. Regardless, you can certainly recall on the MPV play, the time it took to get processing results from DB's “farm” in the RSA and their conservatism and insistence on approving every word of any NRs. The same held true on SUF's Marfontien M-1 joint-venture sampling. Even though SUF did the sampling the “farm” had to do the checks and review and vet any release, (which they did at their own sweet pace). TNK and others all reflect this same conservative methodical corporate approach. There were no, and I mean NO casual conversations with folks down on the “farm” with the vaguest of partial results issued to the market. Now all of a sudden DB's has had a change of policy?! I am sorry, but I am from Philly… I am honestly surprised the VSE even allowed this release. In the aftermath of the BRX era and the Desert Platinum play salting scandal, you would think the Exchange would have learned its lesson! They are so desperate to breath life back into the market they will let anything go out to raise interest again… It would seem we are sliding back to business as usual. Verification and credibility is what I am talking about. I think you will agree that the fact that Altimira has a piece is interesting but not really relevant. Like Kaiser, and most of the news-letter writers, they wouldn't know potential if it bit them in the a…s. Altimira judge potential by what the market may look at and who is running the show. In SVB Altimira jumped in with DML because of Teck, Western Copper, Major General, Diamond Fields, they all brought names (majors) to the table which is what Altimira banks on. George, for all I know, MGJ has found the ‘mother of all pipes” on VI and more power to them. For their sakes, the investors and perhaps most of all, for all the rest of us, it will help breathe life back into the market such as ARP has done. All I have suggested is a few things bother me just as they did in Alberta, Greenland, Brazil and Snap Lake. I would rather preserve capital and miss a play right now, than jump on the flavour of the day when I can't tell her blood-lines. Regards