Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Rocket Red who wrote (997)	6/16/2003 2:07:40 PM
From: WillP	Read Replies (2) of 16206

I said, "I think Aber's stock "held well" after the Tli Kwi Cho bust because Aber already had A-154 South and A-21. Dentonia, Kettle River and Horseshoe" You replied, "No that was not the case of A-154 and A-21 no bulk samples were taken yet and in 1994 Tli Kwi Cho bust. Yes Aber had good counts." My response, "Good counts? That's an understatement. About 700 kilograms of rock from the A-154 discovery hole, and it graded about three carats per tonne before they sent the sample off for processing. That initial batch ultimately produced eight diamonds that weighed more than 0.2 carat, including two that weighed over one carat. Not bad for 700 kilograms. The A-21 sample also produced a one-quarter carat diamond during the core logging. All of that was enough to sustain a share price, if you call a slide from $14.625 to $6.50 sustaining a share price, that is. Those initial numbers were a good reason for guys like David James et al. to be writing good words about Aber. There's been nearly a tonne of rock processed from AV-1, and no sign of any particularly large diamonds as yet. It's a good play, and I like it, but it's no slam dunk."

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