Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (361)	12/9/2002 3:18:08 PM
From: VAUGHN	Read Replies (1) \| Respond to of 16206

Hello Eric We seem to be in agreement: As for those of us who watch/comment on and/or invest in diamond plays, we all too often appear not to have learned that grade assumptions should not be drawn, inferred or even suggested from small samples. More often than not, they mean very little. One need only look at what DeBeers is recovering from its larger sampling programs at Kennady Lake and Fort a la Corn to realize that dumping shares because initial "small" samples return unexciting counts is an unprofitable strategy. If the geochemisty is excellent and initial drill results show any diamonds at all, then a wise investor accumulates when everyone else is panicking and dumping. Unfortunately, getting the information you need to determine if the geochemistry IS in fact "excellent" in very very difficult especially for average investors. Which is why I wish the recent standardized reporting criteria recently announced would have included / dealt with this issue. I'm long since past tired of being lied to by Jr's with a story and IR types without a clue. Show my the numbers and who's stamp is on them! Regards Vaughn