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Gold/Mining/Energy : Winspear Diaminds (Bulls Board)

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To: Gord Bolton who wrote (822)5/19/1999 12:17:00 AM
From: Rick the Vet  Read Replies (1) of 1172
 
I agree with your thought pattern 100%. The problem I see is with plotting the microdiamonds from the cores onto a logarithmic scale. One problem is that there will be many stones which can fit into more than one size and quality category and thus the sample results could be easily skewed. The other problem I have is with clustering and populations of micros which are not evenly distributed about the mean. These factors make prediction of grade very difficult. But not impossible. It will be interesting to see if they have developed a predictive model based on the closely spaced holes in the pit areas. Once they have the bulk results they will be able to "check" their model and use it to predict the grade for the entire kimberlite system.

I wonder if such a model will be used to argue for a higher price if a buyout becomes apparent.
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