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No one, including diamet or aber , have released results of all delineation or exploration holes drilled to date. No offence, I am just a firm believer in MPV and will patiently wait for results of the mini-bulk samples and exploration program. If this stage is passed, MPV will have a lot of "BLUE SKY" ahead of it, in terms of share price appreciation. Diamet and aber's history lend credence to that conclusion. I believe the other companies such as winspear, and gerle also have excellent potential, but they are well behind MPV in proving up a substantial resource. A small resource in the NWT of 5,000,000 tons will not be mined. It is just a matter of economies of scale. It is expensive to develop a property due to lack of infrastructure in the NWT, therefore a large tonnage, rich resource is needed to justify development. Mpv's resource is developing the large tonnage required and evidence provided in the exploration holes has provided a signal that a population of large stones may be present. As a result, only the mini-bulk sampling remains in order to move the the project to the final bulk sample and feasabilty stage. Also, significant tonnage could be added in the exploration season with the discovery of additional kimberlite bodies. Winspear and gerle have terrific properties, but, until kimberlite is discovered in a large tonnage body, the project will remain an exploration scenario and will not advance to the next stage of development. Just my opinion. Good-Luck to all! |
