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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?

To: Letmebe Frank who wrote (6755)	1/16/2002 1:29:54 AM
From: teevee	Read Replies (1) \| Respond to of 7235

Frank, remember some wild claims you made for WSP... boy that was fun. Yes, it was fun, and no, my claims weren't wild. DeBeers outright stole Snap Lake and they are still laughing. It was all Kaisers fault anyway with his 3 stone scare tactics. Kaiser's lack of understanding cost many people a pile of money. Those three large stones were the reason to buy buy buy. To this day, I don't think Kaiser has the faintest idea of how important big stones are, in themselves, to the size distribution, and their impact on valuations more so than grade-SHOW ME THE BIG STONES. Willp really understands that well, especially the difference between implied size distribution and empirical size distribution as it relates to carats/tonne and statistical confidence in grade, and importantly, what percentage of the overall grade is say: +1 Carats; +2 carats; +5 carats; +10 carats. Size is much more important than grade. That's one of the reasons why more than one bulk sample gets done, especially when there are multiple kimberlite facies and phases, each with a different size distribution and grade:-)). The main Snap Lake sheet appeared to be a single kimberlite magma pulse from which I inferred a comparatively homogeneous grade, and in this regard, IMO, impacted positively in my confidence of the deposit at a fairly early stage....I better quit rambling on this.... And there was Eric the Terrible and his Salting Theory. That was a curve ball initially, but it was effectively dealt with. I enjoy Eric's posts. He can be quite humorous when he is at his best. Well, it just goes to prove, even a sure thing can throw you a few unknowns. Ain't that the truth:-))gggg