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Re: RichieBoy post# 62967

Monday, 07/26/2004 5:38:44 PM

Monday, July 26, 2004 5:38:44 PM

Post# of 358480
Richie ..
Anyone can follow what they are doing. They process the mined material by the batch and they are obligated by the reporting rules to publish the results of each batch as they progress. They have reported 2 batches so far and I think they are about due to give out the results for batch 3. In all, the plans are to mine and process 25,000 tonnes. This is 27,500 tons. The actual mining will go through most of August but the total set of results will not be all in and calculated until sometime after that. Each of the thousands of stones will be individually appraised and the total dollar value in recovered diamonds will be divided by 25,000 to obtain the DOLLAR value of the diamonds per tonne mined in the program. This will tell them what chance they have of eventually having a profitable diamond mine. I think they are about 20 % thru the program right now. They know exactly where they wish to advance underground and extract the bulk tonnage. By no means are they going blind. Hope this helps. All of this info is public knowledge and it should be of interest to CMKX shareholders.

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