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EnergyGuy62

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EnergyGuy62

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Saturday, 12/19/2009 4:59:48 PM

Saturday, December 19, 2009 4:59:48 PM

Post# of 71
January will be a busy month of planning for Diamonds North.

Thanks to the remarkable new drill they helped to develop, they have a lot more options. They could do a bigger bulk sample of Beluga 3 and several new kimberlites with a medium sized gold drilling program. Or just do a bigger bulk sampe on Beluga 3 and a bigger god drilling program. Or some other variation.

The prime factor is cost. Diamonds North has dramatically lowered its drilling costs switching from diamond drilling to RC percussion (water-powered) and now from RC percussion to RC air-powered non-pecussion.

I feel very excited about their gold prospects considering their chip samples were quite long and assayed a relatively high grade (9 grams per ton to 24 grams per ton) of gold.





You need the best companies with the strongest fundamentals to make money in the stock market.

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