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To: Diamond Daze who wrote (3486)12/2/1999 8:47:00 PM
From: Diamond Daze  Respond to of 4884
 
I want to point out that SA has doubled on this release, they actually mention diamond recovery however poor it may be.
This release states that recovery is less that 1/10 carat per meter...according to our last news release we were told test pits averaged 1/2 carat so our average gravels should produce at a rate of 80.00 per meter based on values stated.
(not including fancies)
The stock (PVF) moved firmly to .75 on anticipated production and carat sales.
IMO the market was deeply pissed off when all we got was a summary report of property aquisition and apparent grades with NO mention of diamonds and sales.
It is my opinion, that delays on diamond recovery and sales are orchestrated and serve a purpose, that will come to light next week. BFBOTDA........DD