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In 1995 I made money investing in DFR at a relatively modest price, when the hoopla was all over we were left with a tremendous,unexplored geological domain with more staked claims than there were residents. My background has involved many "geological domains" where over the years patient exploration gradually yielded results. In the "nickel domain" we have the Sudbury and Thompson models in Canada, others exist in Russia and Australia. Statistically, Voisey's Bay bears that same wonderful resemblance. Nickel is not unique in that sense, take the overworked Timmins mining area which in the late 60's yielded massive sulphides, and now here we go again. How about the Athabaska area in Sakatchewan which had provided some Uranium deposits and even in the early seventies had yielded a great Uraniuum discovery. I flew over the area in 1971 in a DC3, one thing struck me, how the the heck could anyone ever believe that they had discovered all that was there. Well they hadn't and subsequent more phenomenal ore deposits have been discovered since, by the way they still have not found them all. Well what has this to do with NDT, a number of things; - Voisey's Bay is one heck of a geological domain, - Believe me DFR has not found all there is to find (Check how many separate ore bodies exist in Sudbury, Thompson and the others) - One needs a large land position to have a statistical chance of finding something - You have to have a great exploration team and be funded. I would like to start a forum on this "mutual fund" type company, but before I forget I would like to vent my anger at Yorkton Securities who appears to be the biggest trader dumping and destroying what started out as a great idea. Hopefully they have all now got rid of there shares, made a return on there investment pittance, and now the rest of us can get on with the geological reality and more importantly, discovering that which creates real wealth, a great orebody. Comments please; Terence MITCHELL | ||||||||||||||
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