Perspective? Strange perspective....
If you will note this is prior to mini-bulk or large diameter core drilling into the pipes. You will also note that the full drill core was shipped to lakefield research lab. So your premise is already full of holes.
Yes...it is prior to any bulk sampling. That's entirely my point. There were no details provided on any of the subsequent bulk samples to the degree that Winspear provided.
As to the full core being shipped...what's your point? All one need do is look at the kimberlite intersection thickness and weight processed, and one can quickly determine what was shipped. The entire core from A154-2 (discovery) was also shipped to the lab. I'm assuming that since they didn't tell you that...you aren't aware of it? But again...what's your point. How does Diavik shipping the entire core to the lab blow holes in my premise? Good grief!
My premise...is that Winspear has consistently matched or exceeded the amount of information provided by the Diavik Diamond Project at every level of exploration.
Oh...by the way...when did Aber cease to be the operator of Diavik? Recall the date?
Again... my point is rather simple...that is...easy to comprehend. Winspear has provided better information at all levels of assessment than has the Diavik Diamond Project. Simple.
Any doubting souls out there...check for yourself. George has provided a typical Aber release of caustic fusion results. Compare it to Winspear's January 26 1999 release. Compare it to Winspear's 1997 releases on CF results from limited dyke samples, and from the boulders. Go ahead. Tell me where Aber provides more complete information.
As for the mini bulk samples...well, I will assume you have conceded the point, in the absence of any hard information to the contrary.
You keep harping on the fact that 75% of the value is in three diamonds. So what? Is this unusual? Did the release of this information by Kaiser and subsequently by Winspear totally blindside you? Anyone who knows anything about diamonds could have told you that.
Heck...even George Tromp could have told you that.
Here's an excerpt from post 6109 on the Winspear Resources thread:
So here is my prognosis for future overall valuation and how it was
obtained.
18 stones of 1 carat min.(Stones reported by Winspear may be larger)
18 x 335(Low end of value) = 6030 US
1 stone 10 carat = 3500 US per carat
1 stone 8 carat = 1800 US per carat
1 stone 6 carat = 1000 US per carat
+++++++++++++++++++++++++++++++++++++++++++++++++++++
Total value 61400US
Now...clearly you weren't surprised by the value being contained in the three largest stones then...right? :-)
Actually...in that post...you predicted a potential total value of $72,560 for the entire parcel. So, let's see. The 10.8 ct stone is worth $37,800, the 8.4 ct. stone is worth $15,100, and the 6 ct. stone is worth $6,000. That's a total of $58,900.
Now...I make $58,900 divided by $72,560 a little over 81% of the total value being in the top three stones.
So...why the surprise?
You say...
If you want to count total tonnage Aber has well over 74Mil
inplied and 37Mil drill proven at 240US per ton fully proved fully delineated and shortly the feasibility study will confirm its prospectivity.
Now surely that's hype. Where do you get well over 74 million tonnes of implied tonnage? I'm a big Aber fan...but...geez. And at $240 US per tonne? A154-South exceeds that...for 12 million tonnes. A-418 roughly equals that...for 9 million tonnes. A154-North? Well let's assume the entire 11.5 million tonnes are to be mined...and the $35 US valuation is incorrect. Use 60 times 2.4 ct/tonne. That's only $144 per tonne. A21? Most optimistic guess is 5 million tonnes at 2.7...ahh...call it 3.0 carats per tonne. Again...ignore the actual valuation and call it $60. That's 180 per tonne.
That's a total of 37.5 million tonnes. Pure and simple. Not all are in the mine plan. Not even close. Value? Well...even using these inflated numbers...the average value is only $220 per tonne.
Maybe you wish to revisit the definition of "hype", and "promotion".
Have an even better day.
|
