We should start to see another gradual spike here in the PPS near term. NT Mining continues to work towards the development of a world class mine that will be noticed by many investors of the course of the next few months.
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!!
