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Gold/Mining/Energy : CUMBERLAND RESOURCES (CBD)

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To: Little Joe who wrote (339)6/16/2003 1:58:54 PM
From: GeoDude  Read Replies (1) of 393
 
So far they have NOTHING. Just kimberlite rock.

We also have very little geochem data (the most important), hole location/direction data, etc ... This leads me to believe they are drilling whatever looks like a kimberlite and praying ... The "spray and pray" approach ... Drill everything and you might get lucky.

If such is the case, the odds of any decent diamond count are 1 in a 100. We will see in a couple of months when the results are in.

Personally, I have some shares already. I will not sell nor buy more but I am skeptical.

LIA
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