Jesse, thanks for your response. When you stated:
"Beyond that, which as you point out is of utmost importance, is the presence of a diamond host rock!"
I think this is still the key to be watched, so far we have seen good indication that there is reason to continue working on this project. I was in no way suggesting that the OB issue was not of significance, just pointing out that it is irrelevant if you do not actually find the appropriate host rock material.
There is a rationale for staking and exploring low OB first before moving on to thicker OB locations, BUT only when the indicators of a potential strike are equal, or at least similar. You drill low OB first (less cost to drill, read - less risk to a junior) and yes I am aware that the lower OB being encountered, in Alberta, is an advantage over the NWT, as is the rest of the infrastructure in the province. I am NOT making an evaluation of what property has been staked by the company, just commenting on the use of the OB as one factor, in the exploration process. Indicators so far is that they have indeed staked some low OB targets, WITH potential, that is a GOOD thing.
Rick, I would also like to thank you again for taking the time to continue the dialogue with the investor base. Not that you have any particular reason to require my approval, but thanks anyway and good luck with the program.
Salut,
Leigh McBain |
