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


To: Letmebe Frank who wrote (1356)9/21/2003 12:02:58 PM
From: Rocket Red  Read Replies (1) | Respond to of 16206
 
PS1 - Red, did I read somewhere that you are "heading out to drill 500 holes"? I'm just curious if you are looking for kimberlite, water, oil, what?

I'm back already the 2nd drill program was not ready so we may just tell them get somebody else with that kind of BS

Texas Tea that is were drilling for on that 1st program.It was a well shoot(as in were to place the Big Rig)

Found some interesting drill cutting maybe Kimberlite going to get it checked out

We should have finished both jobs Monday but of coarse another Screw up.So maybe will tell them to keep your BS and get somebody else don't need the 4 hour driving experence.My Moose Hunting is more important :)



To: Letmebe Frank who wrote (1356)9/23/2003 11:15:33 AM
From: rdww  Respond to of 16206
 
mkt cap value for GEM if they have a mine? would be just guessing at this point
tonnage is large so suggests a lot of people who have seen the property. So say 100MM tonnes x 30cpht (modelled grade for Genesis last year from a 4.5 t sample) and use $100cdn for a ct - them's big #'s and the capital costs for a mine in wawa are squat when looking at Diavik, Ekati or Victor and no native issues since either

someone found a 1 ct + stone panning in a stream in wawa last week - the bigger stones are there - just gotta dig em up I suspect