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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?


To: Ron Waller who wrote (1464)3/30/1998 10:17:00 PM
From: Miles  Respond to of 5206
 
Very true! I was hoping that they would get their way with some of the wording.....it looks like they did! Hopefully they use some of that pp money and promote like hell.



To: Ron Waller who wrote (1464)3/30/1998 10:30:00 PM
From: I_C_Deadpeople  Read Replies (3) | Respond to of 5206
 
I guess i will be the first to pose some questions, mostly because I once again do not understand the numbers we should be focusing on. Hole 220 has the following numbers associated with it:

Diamonds recovered: 159
Total diamonds per 10 KG: 20
Cts per 10 kg: .00505 ( is this 50.5 cts/ht?? )
Average # of stones per ht : 75.3
Avg grade per ht: 4.6
Grade per ht: 6.6
Extrapolated macrodiamond grade per ht: N/A

Perhaps it is my inexperience with diamond properties but I can't see where the average investor can make heads or tails out of this. I have never had a problem with Aber releases.

Is it not just the Macrodiamond cpht number that matters? If so 4.9, 3.4, 6.6 are not particularly high.

Hopefully all the backyard diamond miners will be able to put this into the proper context. My biggest fear with this type of release is that it even confuses analyst's to the point where they will just shrug it off. Nothing JUMPS OUT of the release and makes you take notice, everything seems hidden inbetween the words.
On a positive note the Luc Rombouts information is excellent. I would have thought that the 98 drill plans were finalized?

Enough rambling, somebody help me out here.....

EW