Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: WillP who wrote (1484)	10/28/2003 2:18:42 PM
From: james flannigan	Read Replies (1) of 16206

Will thank you for the reply,I think you are no the money about production tells all.But I just can't get an understanding of IRR not being acheived when a full bulk sample was not taken.How would you adderss the IRR problem when you do not have a large enough sample to be fully representive of the ore?This seems to be at best a play on words,that creates more questions than answers.How can you say IRR is not present when you do not fully understand the deposit?This is the question that the market needs answered "what is the true value of all ore and tonnage known to date"? Only at that point can you discount the present value of stock representing the % of ownership.I guess we may never know until Debeers has full ownership.

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