Followers | 51 |
Posts | 1571 |
Boards Moderated | 0 |
Alias Born | 06/15/2009 |
Tuesday, June 01, 2010 11:34:25 AM
I also believe that what might be even more impressive then the large gold resource present on the surface and in the ground... is the diamond potential and the chances of hitting a kimberlitic pipe in this particular geographic area is very very good. I am almost more into this play for the diamond potential then the gold play. I have had great success in Canadian diamond companies up in the North West Territories and know the potential that exists for striking a kimber pipe.
A quote from geoscienceworld.org
"In 1991, the discovery of diamondiferous kimberlite in Canada's Northwest Territories (NWT) precipitated the largest mineral staking rush in North America and sparked a remarkable exploration effort which extended across northern Canada. Thirteen years later, two diamond mines with estimated annual productions of $1 billion (Can) are in operation, a third is in permitting, and several other projects are approaching development. Ekati mine, operated by BHP Billiton since 1998, produced 4.8 million carats from 4.2 million tons of ore in 2003 while the nearby Diavik diamond mine yielded 2.7 million carats from 1.0 million tons of ore during the same period. When Diavik has achieved full production in 2004, Canada will account for 15% of global diamond output by value".
We won’t be at this share price for long as the institutions begin to take notice.
Enjoy!!
Recent SNWR News
- Form SEC STAFF ACTION - SEC Staff Action: ORDER • Edgar (US Regulatory) • 07/08/2024 08:00:02 PM
- Form 1-A/A - Offering Statement [Regulation A]: [Amend] • Edgar (US Regulatory) • 10/05/2023 08:12:58 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM