To: Famularo who wrote (7752 ) 10/20/2001 10:04:52 AM From: jpthoma1 Read Replies (1) | Respond to Well, I think Mr. Kaiser is doing a little «pumping» of it's stock right now!Ashton's Oct. 16 announcement of what it refers to as a find of ultramafic rock with the characteristics of kimberlite at Otish Mountain in Quebec confirms a rumour that the letter writer mentioned in a Sept. 23 Tracker. A supportive Mr. Kaiser says that in spite of the market's ho-hum reaction to the news, hitting kimberlite on two out of four geophysical targets is a phenomenal exploration success rate. A second hole which was drilled at the same location at a 60-degree angle from horizontal encountered similar material from 22 to 35 metres. Mr Kaiser should have taken a pencil and plotted on a piece of paper this intersection. At 60 degrees, 13 metres is equivalent of a true thickness of about 6 metres. This is some kind of a «baby pipe» or a small dyke, much more smaller than what was discovered before and unfortunately, it adds to the concerns that the Otish area may host only root zones and limited-tonnage dikes.
