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Message: Spoke with SNO

Spoke with SNO

posted on May 06, 2008 11:01AM

Had an opportunity to speak with Fraser today, drilling continues, should have some results in the next couple of weeks. Baffled as to the low count of diamonds in the bulk sample but they all feel confident that they are there. They feel they're hot on the trail of additional kimberlite as well, based on geo trailings. Look for small private placements in the .12c range, flow through or placements with warrants or both. They don't want to finance at these levels, so they'll be small. Nothing different with Mineralfields, would like to see price up 1st.

Nothing really new to report, they need to drill the pizz out of the kimberlite they have and prove it has diamonds. If it does, share price rises, if not we languish. So we wait.......

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