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Gold/Mining/Energy : REX DIAMOND MINING TSE:RXD -- Ignore unavailable to you. Want to Upgrade?


To: George J. Tromp who wrote (1842)10/31/1999 7:13:00 PM
From: teevee  Respond to of 2522
 
George,

""""""Today, we have the certainty that in the very near future Rex will end up having three important diamond mines in Mauritania"""
and
"""......Well it is a statement backed up by widespread diamonds found in numerous samples from relatively uneroded kimberlitic source on REXs property further punctuated with Commercial sized diamonds and 3 diamond districts and backed by paid up leases 280,OOO US in SL of which the CEO has a retained agreement to 7.5% royalty on gross production as long as he remains CEO"""

I don't seem to be able to locate the news releases pertaining to bulk sample results, grade, evaluations, etc. Apart from empty pronouncements, the only acceptable legal and credible backup are filed independent engineering/consulting reports adhering to the TSE reporting rules, guidelines and criteria. The new rules, guidelines and criteria are there for good reasons. Perhaps the independent engineering/consulting report(s) on "the 3 important diamond mines in Mauritania" are filed with the exchange? Do tell, which reputable engineering/consulting group prepared these reports? When were they filed? It appears that the only action left is to forward a complaint to the surveillance department of the TSE and the Ontario Securities Commission. Perhaps you will find yourself busy answering official questions the next time you cross the border into Canada, on your way to the PDA?
teevee



To: George J. Tromp who wrote (1842)10/31/1999 7:25:00 PM
From: teevee  Respond to of 2522
 
George,
Just to set the record straight on your convenient memory:

To: marcos who wrote (5017)
From: George J. Tromp Tuesday, Feb 3 1998 8:20AM
Reply # of 24859

Hello Marcos: I dont consider laying out scenarios based on statistics
as hyping or promtional. With that in mind., here is a more refined
presentation., to the facts., as I know them., based on previous
close encounters of the kimberlitic type. This approach is more defined considering what is at stake., you dos your work., and takes
ya chances.
Knowing the 2600 diamonds per ton is extrapolated from the diamond
samples in 11 distinct drill holes to date., encountering rich non diluted
kimberlite. Here is my approach from a non pumper mode and purely
statistical.
When they take the 100 ton sample., we should be seeing around
260,000 diamonds present. 87% should meet the early guidelines
of transparency. So we now have around 230,000 stones. 6.2%
of those stones are borderline economic., with 1.5mm being the commercial cutoff of stones over 1.0mm in one direction. This would
leave a statistical sample of 14260 stones above the minimum cutoff
off of 1.5mm. The current grade of 3.69carats per ton is based on existing extrapolations from the 11 drill holes. In most economic kimberlites via NWT the large stone percentages run around 1.5%.
If we assume this model is true., knowing already good macro/micro
relationships exist., we have a very good statitiscal chance of producting 214 very nice size stones. So if the average stone is say
1/2 carat.., one could extrapolate an increase of 1.0 carat/ton to
the 3.69 carat figure. So the final grade will be determined with a combination of stones in the 1.5mm range. Several of the boulder
samples showed stones in the 1.40mm to 1.60mm range., and also
a 1.79mm stones. So what I am saying here is this. If the large stone
ratios occurr., and the early macro/micro ratios support this hypothesis., than the 100 ton sample should produce a minimum of
214 large stones. If they all average say 1.0carat., you can add around 2.0 carats/ton to the overal grade of 3.69carats/ton.
So statistically these 214 stones., should determine the most value
in the source. These stones would be reflective., of the true potential
going forward., the 13% off yellows., ambers., undesirables are
not in those statistics. How large they will be., will determine the value
of the deposit. Yellow stones if over 1.0carat command some nice
premiums if fancy categorized. Pink., greens are a world unto themselves. So the 214 large stones., which should appear about
I expect to see 2 or 3 decent sized pinks., 6 or 7 decent sized greens
around 100 yellows., around 100 whites. Knowing that a 3.47mm stone a perfect octahedral around 1/2 carat
was found in the boulder a few miles away lends credence as well
that the dyke will hold some large stones. Valuations on these 214
which should statistically appear., could range anywhere from 50 or
60 per carat to literally thousands. I like the odds., none better to
date in the NWT
Sincerely
George J. Tromp



To: George J. Tromp who wrote (1842)11/1/1999 10:40:00 AM
From: teevee  Read Replies (1) | Respond to of 2522
 
George "Pump and Dump" Trump,
Colored stones? Who was it that really pumped that notion? I will quote you:
""...I expect to see 2 or 3 decent sized pinks., 6 or 7 decent sized greens
around 100 yellows., around 100 whites..."""

Is your memory just convenient, failing, or are you the biggest, boldest liar on SI? Once again, you have demonstrated that liars have a difficult time keeping track of their lies. You should cross reference all your old posts and carefully review them before you put your foot in your mouth when you post here. You make it all too easy for anyone to catch you in your lies. Just imagine how easy it would be for a profession like a crown prosecutor:-)) As for your so called statistics, LOL....It appears you don't have a high school diploma. I'll save the rest of the cross examination and expose your pump and dump tactics and churlish Bull Chit one post at a time.
teevee