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Gold/Mining/Energy : ABER RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: Lorne who wrote (800)	11/5/1998 1:06:00 PM
From: teevee	Respond to of 2006

Hi Lorne, I agree, however, if WSP's Snap Lake does prove to be "the diamond find of the century", Aber's apple cart could be tipped over (Diavik could be shelved indefinately). Lucky for Aber shareholders, Aber has ~30% interest in Snap Lake. I would be monitoring this situation veeery carefully. Even so called smart money decisions can be rendered wrong by discovery of a bigger and better deposit.

To: Lorne who wrote (800)	11/10/1998 12:20:00 PM
From: Tomato	Read Replies (3) \| Respond to of 2006

Lorne, Although I agree with you about Aber's prospects, your following quote gave me some pause: "People with this kind of money do their homework before making such a serious commitment." I started thinking about that and have quickly come up with the following examples of people doing their homework and making serious money commitments: 1. The Edsel 2. The New Coke 3. Warren Buffett's investment in US Air 4. Long Term Capital hedge fund 5. Just about any large financing subscribed to in the past year and a half in mining stocks I'm just scratching the surface, but the point is, "smart money" and people who do their homework screw up just like the rest of us. Cheers, Tomato