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Replies to #8336 on One Step Ahead
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No Problems

08/18/04 1:31 PM

#8337 RE: DrDiamond #8336

Do you have a link for this

The Fort A la Corne region is supposed to be significvantly more diamondiferous, more macro diamonds, beter, quality etc...

as it flies in the face of the information I have on the FALC region. Current results from Shore shows cpht rates much lower than the NWT pipes. As a matter of fact, one of the main reasons that the FALC area is so far behind the timetable of NWT is because the grade from sampling for NWT was so obviously feasible that it led to fairly rapid deployment.

FALC seems, so far, to be hovering in the 17-25 cpht (Shores latest, it highest yet, showed roughly 18cpht).

While I do not disagree the final results of the bulk sampling in the FALC area may prove out to be as good as you feel but the information so far does not support it. Indeed, the articles I have read indicate that the results thus far are not as optimistic as the NWT play was. This, by no means, says that the FALC area is a bad play. Each play is based on its own merits: 4 C's of find, access to major center, roads etc.

Shores latest PRs: http://www.shoregold.com/news.html#

Unfortunately, Kensington/DB does not provide easily gathered details on their cpht sampling from 140/141 or others.

I am happy to be proven wrong but I don't think it is prudent to use anything but proven grades for our area when potential valuations are being discussed.

JMO.


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ACTX

08/18/04 1:53 PM

#8338 RE: DrDiamond #8336

Dr.Diamond.
Good post Aug 16 2004.
That was my guess, that this Co. worth close to $ 2 Trillion
A cash dividened of 38.8 cents was mentioned. I agree with every thing you said, but one question ?

Why UC will take us along with him?
Why he will give us 38 cents cash dividend,

He can make a tender offer of 50 cents and privatize the company.( I will be happy with 50 cents and in my opinion most of us will be happy with few million dollars)

Just few question, need clearifications TIA..


"opinion are my own, you don't have to agree"

actx