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Gold/Mining/Energy : War Eagle Mining...[WEM:VSE]
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To: Air Force who wrote (155)8/10/1998 1:56:00 AM
From: average joe  Read Replies (1) of 235
 
There is a lot of work going on right now behind the
scenes. You would be interested to know that it is
based on some very very old work. The Group has hit
big and the announcement made last week was done to
deflate that. It might be several months before they
feel so inclined to make an announcement. It's funny
that they completed their big test in May and are
sending the residue out now for caustic fusion. The
cut off grade for their screening of the may sample
was 1.5mm!! So if there was no diamond why send out
the residue. Obviously there was many diamonds and
the want to do a proper micro count on top of it.

Kennecott likes to pull the plug on projects and not
waste a lot of time. They are the opposite of DeBeer's
that never walk away from a project. The fact they are
here is proof enough.

good luck - over and out - aj
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