George:
Thanks for the clarification. That is my understanding of the % participation by Mink assuming a pipe goes into production. In any event, 39 % of a producing diamond mine is potentially huge!
Incidentally, I believe that Mr. Andrews should clarify where he is coming from as far as his posts are concerned. Since he was formerly associated with Mink, and now is no longer, I have to question the motives behind his posts, which are characterized by a lot of capitalized words and language that is a little difficult to understand. With all due respect, is he angry with the company etc.? If his posts are underlain by animosity toward the company and its management, I personally cannot evaluate his posts with any degree of certainty.
If there are gem-quality diamonds in the core, all of this talk will be moot, and we will have a screamer. I have to smile a little as I read about all of the excitement about the Alberta Diamond play where we are talking about tiny diamonds, whereas no one seems to be paying attention to the 100 + carat diamonds found in Mali!!
Reminds me of the Congo, as well, where copper ores grading 8-10 % are not unusual, whereas in the Americas, we get excited about 1% levels.
Regards
Dan |