Hi Doug,
The reserves/resources news will take a little longer to emerge because it was decided to incorporate the recent excellent drill results into the calculations. This will give a more accurate picture regarding GMD's reserves/resources.
With gold in the doldrums and falling due to negative market sentiments and the spectre of European central banks selling, the next wave of investment interest may well be into diamonds. In that eventuality, GMD is well-poised, IMHO, for investors interest because the chemistry of GMD's diamondiferous property is excellent which suggests that diamonds will most likely be found on their property.
In this or next week's Northern Miner and in the Financial Post and perhaps in this Saturday's Globe and Mail, we will see that a couple of hot-shot star players are coming aboard GMD. One of them is Mike Senne, a highly respected and well-known diamond expert formerly associated with Kennecott, and the other is Val Pratico, a top-notch geologist from Yellowknife. To be sure, this looks very good and bodes well for GMD.
Richnorth |
