Bashers drawing in investors (YEAA)
posted on
Feb 03, 2008 10:16AM
(Edit this message through the "fast facts" section)
Good post from the other side of the street
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"Gotta love all the bashers here, drawing in all that attention. Never seen it this bad before, can only mean one thing DIAMONDS and lots of them. Keep bashing boy/girls. It's all good and we all know it. sorry for your loss. Maybe to recoup you may want to get on board, while the price is still rediculously low, and watch it rocket. FOR NEWBIES do your own dd go to the www.snowfield.com website watch a few movies make a few toll free phone calls and make your own mind up. It's all good. These are what I perceive to be a collection of factual information I have gathered whilst doing my own do diligence. #2. If I decided the risk reward was to great, which I don’t. I think the http://www.stockhouse.com/bullboards/"" target="_blank">stock price should do a nice run up to the results of the mini bulk on anticipation alone, that’s reason enough for me to buy and or hold.
With all the research that has been done, as far as proofing up kimberlite and we have lots more to come, finding all the indicator minerals, green garnets. And worth noting from one of the past news releases that in every occurrence of green garnets in published information on kimberlites worldwide shows a direct correlation between the presence of ((Green Garnets and Diamonds)).
In fact, in almost every kimberlite where green garnets and diamonds are present, these kimberlites are diamond mines. ((IMPORTANT FOLKS)) we stopped counting green garnets after 30.000. The Mud Lake kimberlite has the first reported occurrence of green garnets to be found in bedrock in the Slave Craton. And if that’s not enough to satisfy your hunger we probably have one of the best locations in respect to the proximity to Yellowknife only 50 km’s away, which means it could be very economical to mine, Probably as little as a ½ carat or less per ton which is absolutely nothing. We can drill and work all year round on our other highly potential properties which is very attractive in it self. Our chemistry points to bigger diamonds, and we have a great diamond distribution curve. And now we have proven that we are diamondiferous. It is also important to mention that fragmented or broken off macros measuring the same dimension as whole macros is very desirable in the core because of obvious reasons; this simply means the fragmented diamonds must have come off of bigger ones.
De Beers is doing the 500- ton mini bulk sample for free with no strings or obligations attached; it would have cost us approximately 1 million dollars and that to me speaks a lot in it self. De Beers is also in constant contact with SNO all the time and very anxious and excited about doing the mini bulk, it tells me they must know something I don’t.
I think we are way undervalued in view of the fact we are now waiting for the mini bulk results that we know have macros. In consideration of all the above and more, I also think the market hasn’t quite found us yet, which is ok to, because when this puppy comes in and some conglomerate gobbles us up, there will be a lot more to go around.
. I’m no guru at this diamond exploration thing and it’s a learning curve, but I’ve looked at all the positives and the negatives and I think the positives far out weigh the negatives, in fact, I’m sorry, I don’t see any negatives at all.
I always look at the worst-case scenario when http://www.stockhouse.com/bullboards/"" target="_blank">investing, and for me that would be the big question? What if?? We didn’t find something substantial in the bulk sample which I highly DOUBT, well for me at least doesn’t seem like a major concern.
#1. We always have our other properties to fall back on to which we already know has a whole lot of potential, and we recognize has awesome evidence of indicator minerals and have already found green garnets just on surface sampling alone, all of this on mud-4 and we still have almost 40.000 acres left to explore.
#3. And the most likely reap the rewards of nice big fat diamonds.
And so for me it’s a win win situation with very little risk. Call me what you will but I can’t think of another Diamond junior http://www.stockhouse.com/bullboards/"" target="_blank">exploration company off the top of my head that can offer that much potential. And to boot, we have a snap lake look alike which is only 220 km’s northeast from us, and our tonnage already is starting to look a lot like there’s, and were still open in three directions. Snap lake will produce 1.2 carats per ton. And they will yield 1.4 million carats annually. Its kimberlite is a sheet or a dyke and appears to be very much like ours. They were bought out at approximately $5.00 a share and only owned 40% of the property. By the way did I mention we own 80% of ours? What’s not to like???
Now with that being said and when we find another kimberlite that would imply that we could very well be on the edge of a cluster as some of our properties strongly suggests.
So my conclusion is quite simply that I’m in it for the long haul. What have I got to loose??? The more I do my dd the more intrigued I get. And if that doesn’t satisfy your hunger I don’t know what will. We have diamonds make no mistake about that. How many How big who knows but we do have diamonds."