Hi Whiskey jack,
If I recall correctly, in addition to the three large stones,there were also about 18 diamonds above 1 carat in size. If these are plotted on a size distribution curve with other results, it is apparent that the diamonds recovered are a normal part of the diamond population at Snap Lake. A mine with a size distribution that would compare reasonably closely would be the Bellsbank mine in South Africa, where for decades, and consistently, about 4% of the total carat weight recovered are stones about 10 carats in size. Interestingly,Winspear recovered one 10 carat stone from about 256 carats from the two 100 tonne bulks (almost exactly 4% of the total carat weight). So, what should we expect from a 500 tonne bulk sample?
A grade of 1.2 carats per tonne suggests that as total of about 6000 carats will be recovered. The apparent size distribution from results to date suggests that 4% of 6000 carats total weight (240 carats) will be comprised of about 10 carat stones, infering that about twenty-four 10 carat stones can reasonably be expected to be recovered. If a 10000 tonne bulk is performed, double the numbers, and consider that one 30 carat stone might also show up. I hope this rationally explains, in addition to the cone theory, why I think the current price of WSP stock is a bargooon. Is it any wonder that this Dr. Bob fellow thinks Winpear's Snap Lake has potential to be proven up next spring as the, and I quote, "the diamond find of the century". Oh yes, how long before some slimy news letter writer helps himself to this comment?
regards,
teevee |
