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To: Diamond Daze who wrote (3536)12/9/1999 12:03:00 AM
From: Lazarus Long  Read Replies (1) | Respond to of 4884
 
DD,

I understand that the big rig is on site and until the pit is deep enough and they can flood it they are not able to deploy the dredge and get the big yardage going.

I think Owen is back today or tomorrow, maybe another update about increasing yardage soon?

What other 900,000 hectares?

I know about the 215,000 that make up this package of which they are talking about the 10,000 hectares that's JV'd with PXM and property owner.

The last paragraph seems to open the door for other production and exploration targets on this 10,000 hectares.

"The company is continuing an area study to determine new areas with economic diamond recovery. This study is also reviewing the existing claim blocks to determine the priority areas for field exploration work."

I agree the curtain is just coming up.

Lazarus