InvestorsHub Logo
Followers 2
Posts 296
Boards Moderated 0
Alias Born 04/07/2004

Re: hockeypond post# 1347

Thursday, 10/28/2004 7:38:11 PM

Thursday, October 28, 2004 7:38:11 PM

Post# of 10162
Hockeypond

In their new press release they say -

"Finding economic diamond deposits essentially comprises of four sequential stages that can be summarized in the following manner: Discovering kimberlite and/or lamproites host rocks; establishing the presence of diamond indicator minerals (such as G9/G10 garnets, chromite and chrome-diopside); sampling for the presence of microdiamonds/diamonds; and bulk-testing for the presence of economic diamonds.

Delta has already achieved the first 3 of these 4 steps at the Homestead Kimberlite pipe in Montana and would like to begin bulk-testing in the month of November, before the Montana winter sets in. Once bulk-sampling is completed, the results are generally known within a short period of time."

That says to me their intention is to get financing so they can start work. Is "bulk-testing" the same as drilling?

I wonder why they would release the photos to fan the flames if they did not have the financing in their pocket. i hope we find out soon

Mineralme
Whatever you can do, or dream you can do, begin it. Boldness has genius, power, and magic in it. Begin it now.- Goethe

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.