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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: debvan who wrote (4871)11/29/2006 1:25:35 PM
From: james flannigan  Read Replies (2) of 16206
 
I have always been saying that I think Debeers should have taken much larger samples at GK.Debeers claims they can model with as little as 2000 cts due to the huge data base.While I agree with WillP, that taking larger samples could produce lower grades and values,The risk IMO is worth taking.I think that in production the large 9.9 ct gem will prove to be no fluke.It seems unlikely that Debeers could have got lucky and of the 30+ million tons present put the drill on top of the only large gem in the deposit.1600 ton is such a small fraction to the millions of tons of ore present,that in fact a larger sample may have produced even more bigger gems.This may be the reason Debeers is going to widen the search this winter.Looks like the stock wants to test $5. James

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