| Tiny jr diamond explorer GGL Diamonds may have stumbled on a new nickle belt that in our view could rival Voiseys Bay.This new zone to date has a foot print of a conductive mag high structure that measures 32 X 20 km to date.To understand that impact,Voiseys Bay is 11km in length.Voisey was stumbled on by accident,when Diamond Fields 2 geologists found a rusted outcrop of nickle minerlization.The rest is history as DFR stock climbed from $2.00 to the Inco buy out of $158 per share.It is very interesting that the recent outcrop discovered by GLL has the same rusted gossan as well as the same type of sulfied nickle as Voisey Bay.We have concluded that the long awaited major diamond discovery that the management of GGL has promised over the years is now very unlikely as the company will shift focus to its possible world class nickle belt discovery.With drilling to start by late AUG 07,we think the company could deliver a world class discovery as promised of nickle.We are current shareholders. James Flannigan, River Street Capital |
