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Gold/Mining/Energy : Canadian Diamond Play Cafi
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To: kidl who wrote (1365)9/22/2003 11:54:32 AM
From: james flannigan  Read Replies (1) of 16206
 
Kidl I agree,the market only focus is to look at all the bad news at first,while at the same time ignoring the positive.The results to day are poor at best this is clear by the sell off.But the two operating mines Ekati and Divik both had the first kimberlites as duds as well.I think that the discovery of any diamond kimberlite on this property is a good sighn toward future exploration.Afterall SRM is not a mine but only exploration at this point.Anybody expecting a mine at this early stage,must have little background knowledge of the long stage development from discovery to a mine.Todays news is in my book not bad ,if we had no micros like Cumberland then I would consider this first phase to be a bust.
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