Hey All,

Wow, my mind is just a little boggled up right now. What is going on the SH board. What a pile!

I don't think we should be too focused on the SP right now. It is just day traders making a buck, it is a good time to grab some more too. Look at the patterns of blocks, they have big blocks at .13 then back at .16. It is just a game right now, and remember people who believe in SNO are picking up some cheapies. When all the day traders loose their stocks, then to me the stock price will rise. 

Right now I am looking at the realtime trade and it is showing a 243 ask at .155 and a sell of 4 at .16. The sell is becoming smaller at the lower SP.

Anyways, in regards to the news release this is the way I see it. After visiting the office and hearing the boys, I see many good things to come. They hired Jennifer, previous employee of Shear Minerals, they are determined that they have the goods. Within a months time we are going to have results from 3 different tests:

1 - Retest at SRC

2 - Debeers SA lab

3 - Debeers GP lab

Management isn't fooling around. They may have jumped the gun at the beginning but I do think they have learnt their lesson. For those who are loosing faith in management, I hardly doubt they talked to management, this is a junior play and before investing should've done their DD on who management is. 

But we still have to remember if we read the recent news release the following was said:

Snowfield believes that diamond recovery may have been hampered by the coarse crush size as well as the presence of hematite that is known to occur throughout the kimberlite. If the diamonds were not fully liberated from crushing, or covered with a hematite coating, it is possible they would report to the reject fraction.

So we see a couple possibles. Not gaurantees, just a maybe or a perhaps. Relooking at the bulk sample results I noticed that even the diamonds they found were not very big ones compared to HUD results. Anyone have thoughts on this? Or am I reading the results wrong. 

Nonetheless, this is a bargain deal.