Sam, Here is a little something off of SW: Subject: This is not a rumor Willp, My broker was on a conference call this morning with non other than a Mr. Randy Turner.....the area of known kimberlite sheet indicated by drilling, has been extended from 2 km x 2.5 km (5 square kilometers) to 20 square kilometers.....Assuming an average thickness of 2.5 meters, would you or anyone else care to comment on the possible tonnage:-)))...
Well Sam, If I use a density of 2.5, and an average thickness of 2.5 meters, that calculates to about 6 million tonnes per square kilometer.....and for 20 square kilometers, that multiplies out to 120 million tonnes.......Now if pit#3 results are as good as pit#2, this deposit will rank #1 in the world and ahead of Jwaneng, in terms of in ground resource value:-))I wonder if this has anything to do with all the buying today? What say you?
regards, teevee |