SI
SI
discoversearch

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: The Fix who wrote (4851)11/27/2006 10:03:51 AM
From: WillP  Read Replies (1) | Respond to of 16206
 
fixER:

Exactly.

So far this fall, TD and RBC (your dummy houses) have been the big traders of Diamondex, and heavy on the sell side at that. Canaccord struggled to the million-share mark on the sell side just recently. (TD is at 5.5 million sold) Of course, you know all that.

Finding a drill contractor willing to go north is a greater challenge this year, as I've alluded to in several Street Wires. The bottom line is you better have big plans, or no plans. Diamondex typically has no problem planning big.

The Lena West kimberlites remain elusive, but the search is now narrowed to a small area, and the steady tinkle of diamonds into the sampling buckets over the past few years should prove promotable on the first drill hit.