SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Taz who wrote (1647)11/14/1998 8:04:00 AM
From: George J. Tromp  Read Replies (1) of 2251
 
Hello All: The weather here was frightening., last Tuesday we had
sustained winds of over 85MPH., on the eve of the downing of the
Edmund Fitzgerald., ore carrier on Lake Superior., power has just
now been restored., so I am finally back on line. Thank God., no
major ship wrecks this time around., this has little to do with diamonds., but Jock Cousteau once said that Lake Superior is one of
the most vicious bodies of water in the world in November., waves
were reported up to 60feet by some accounts., for the Canadians
that know the story., Whitefish point was the safe harbor area for
the Edmund., when they automated the lighthouse before the storm
occurred., the Edmund was looking for Whitefish point., unfortunately
the lighthouse was non operable., she paid the price for not reaching
sheltered area of Whitefish point. Theories abound., some people say
it was a massive wave that occurs very seldom that took her down.,
the force behind it was massive., breaking it in 2 pieces and sinking
her to the depths of Lake Superior. So a little late., but all here in
Michigan remember the day the Edmund went down.

Thanks Taz , will check out the source.

Maintenance., yes I believe some good tonnage will evolve out of
Snap Lake., however., I am not going to predict how much., my
position has been., due to the last few years., the anticipation., the
built in expectations., to proceed with caution. The diamonds arent
going anywhere., and lots of drilling will take place to prove up the
cone theory. IMHO., the stock will see higher prices., as
the information unfolds.

Just a comment concerning the 250Kg samples., if you ol timers recall
just after Winspear received results from their 13 drill holes., they
extrapolated the grade., the market chastiszed them for assigning
a specific grade on such a small sample.,
Reaction: When they went to the 200 mini-bulk., they upped the
screen size.,
WHY: For the most part., they wanted to show the market that they
had large stones., and a balanced distribution of stones over 1.0 carat.
WHY NOW check for Micros.
The process in total diamond deposit evaluations demand that a
predictive model is established for generating forward models.,
by caustic analysis of diamonds., along with garnet assemblages.,
it enables the company to help estimate what lies in the other areas
of Snap Lake., it is a tool., which reinforces the company belief in
predicting a diamond model at Snap Lake.
As I see it., we have several types of kimberlite., some volatile., diamtreme., some less volatile., group 1 type. So It is imperative for
Winspear to establish models for each type in moving from inferred
to proven category.
My general concept of Snap Lake., is basically this., and is similiar
to Teevees., I think the area of the breeciated diatremes., and dykes
reported (22 Drill holes.) fed two distinct groups of kimberlite., the area
outcropped on the NW penninsula is a group 1 kimberlite., less volatile., and large diamonds were emplaced., perfect octadedrals.,
much the same manner as the Mir pipe in the USSR. Seeing Winspear referenced hypabysmal kimberlite in their deep holes., it tells
me that a diamtreme source fed the small breeciated diatremes.,
So we have possibly a multilayered deposition., the upper most layer
being group 1., the lower areas being Diatreme fed., and in most liklihood faulted. The wide indicator train eroded off Snap Lake., may
have been the uppermost layer scoured off., regardless it signifes
that this uppermost layer was widespread., if one sees the size of the
train., and length of deposition of garnets., it speaks of potential size
SHOULD the multi-layers be uniform throughout the area of interest.
Only intense drilling will prove the size and scope of the deposit.
Sincerely
George J. Tromp
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext