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


To: WillP who wrote (7702)1/3/2014 2:51:31 PM
From: Rocket Red  Respond to of 16207
 
Odds are not good for mine but also could be low grade high quality diamonds



To: WillP who wrote (7702)1/3/2014 2:56:53 PM
From: Natedog  Read Replies (1) | Respond to of 16207
 
MTX looks like it is on fire today. After a 2 year wait they just might get their exploration agreement not to mention winter road approval for U2 bulk sample. Just to side step all the PGD excitment maybe 2014 is finally the year of the diamond!

MTX U2 mini bulked a bit btter then victor in spots at 88% of +1.17 is white! They also have pinks, blues, and greens! I will go out on a long term limb and guess they get the road permit soon as a DMS plant is already being built. U2 will bulk a better grade and yeild higher values then victor.

There is also at least 1 that I know of that sampled a white in the core in attawapiskat and maybe a 3rd that chuck will go after once the exploration permit is in place.

Ned goodman is about to back in for 51% and Fipke owns 35%.
Going to be alot of long faces when he puts up another mine!

2014 the year of diamonds!



To: WillP who wrote (7702)1/3/2014 4:04:35 PM
From: Rocket Red  Respond to of 16207
 
grade .3 carats per ton



To: WillP who wrote (7702)1/3/2014 4:39:17 PM
From: Natedog  Read Replies (2) | Respond to of 16207
 
That's a hard one WillP. You must be testing us to see if we learned anything over the last 20 years as we prepare for the next diamond rush. Or if we are still the same pom pom shakers of yester-year.

With enough digging you could of lined up the news releases and figured out the answer of the first question. But this grade and mine question is delicate.

No diamonds over 1.18 is worrysome so warrants a bigger sample. I get about 0.12c/t or 12 carats per hundred. I think we are seeing about half macro carats over 0.85mgm so that is good. The grade is low but if the Octo's are super super pure white it will be a mine pending the next sample. Victor only graded 0.18 on initial samples and they are easily over $500ct now. I need a lesson on population curves. Got one?

oh and show me the diamonds. LOL