Hi Buffalo bill,
Winspear clearly stated in their press release that the "microdiamond data from the 1998 programs is currently being evaluated and will be released in the near future".
If anyone takes the time to carefully read NRs from last year with microdaimond counts in them, you will see how good they were-if anything too good to be true-embarrassingly good etc....and what followed....two fantastic 100 tonne mini-bulk samples from the NW peninsula.
What can we expect when the results are made public? IMO, given the nature of type II kimberlite and cone sheets etc., they will be at least as good, and maybe better than what we have seen to date. If they weren't, the financing might have been done regardless, but the officers, directors and insiders wouldn't have taken 2.7 million units down themselves. Nor would Winspear want to take a bulk sample from the north shore.
No doubt the nay sayers will be suggesting that just because the micro-diamond counts have stood up is no guarantee that the bulk sample results will stand up to or be as good the two smaller samples.
I can see no reason why they shouldn't be as good, however, because an aspect of the process is empirical, ultimately, the critics will not be silenced until the bulk sample results are out.
Bill, it appears to me that some of the recent comments appear to be from those who traded out and are now uncomfortable about watching the stock price continue to move up and away from them.
regards,
teevee |
