To: VAUGHN who wrote (1538 ) 10/31/1998 12:08:00 PM From: George J. Tromp Read Replies (2) | Respond to of 2251
Hello Vaughn., all these juniors have problems in credibilility at one time or another., remember Southernera reporting a stone thought to be a fancy.? Look., that doesnt make me think any less of them.., nor would I publicly question their mistake. However., when I view a significant problem developing for investors to judge early diamond results., then I feel something should be said. As I said my conversation with Glenn S. sometime back dealt with the issues of reporting methods on macro stones., I personally told him I would like to see the Australian reporting methods utilized., and if I sat here and posted the numrous reasons why I feel this way., Tomato would have to be representing me in court., as my defense lawyer., in regards to things bothering you in Snap Lake., Alberta., and Brazil., I guess you have to remember., to keep an open mind., I look for diamonds where geology dictates., VI appears to be emerging as a Diamond Province., which the market hasnt recognized., but suspect will in the future., whether it holds a Gozilla deposit of pure crystaline magnificence remains to be seen. My comments were., I think it is a good speculation., they have pipes confirmed., a high percentage thus far diamond bearing., 5 out of 8 targets drilled., with 14 more in the offing., but who knows., I would rather play in an area that exhibits classic kimberlite emplacement., which Glenn S., confirmed., vs., playing in the lamphroite fields of little economic potential., it is a big area out there of unknowns., and caution never hurts anyone with dealing with these companies. I do recognize the pitfalls of attaching too much value early on., but hope the 300,000 ozs at Hammerdown would hold the stock as a responsible speculation. Sincerely George J. Tromp