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BeeDoubleU

04/25/14 3:36 PM

#86491 RE: DB Crouper #86490

" Our dredges are now on actual diamond and gold recovery operations, results will be made available once they have been measured and certified. "
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snappermelon

04/25/14 3:41 PM

#86492 RE: DB Crouper #86490

They will be releasing numbers next week. The price will go over a penny. Mark it.
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coloradoKid

04/25/14 4:19 PM

#86502 RE: DB Crouper #86490

Please keep in mind that the wash plant they are acquiring is rather large and used for land operations. This is independent of the dredges. The dredges are essentially a low volume, floating washplant. So, revenue reports will likely be independent of what the wash plant will do for capacity. I would expect the wash plant to play a significant role in the June-November timeframe as land ops dominate the operations. Swollen rivers can be a bit risky for dredging, so, proper precautions will slow down the effectiveness of the dredges. I would expect the bulk of the rainy season operations will be land and terrace based. At that time, the washplant will be running 24/7...I hope.
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falon

04/25/14 6:43 PM

#86510 RE: DB Crouper #86490

DB,

You are correct as far as reporting revenue.

What they can report and what we will likely see is grams/carats per ton they are collecting like reported back in 2011 when they worked the Pampana.

In order to report actual numbers they need to turn the product over to the Ministry of Mining for measurement and certification.

OTCQB or OTC Pink will not alter the plan and the plan will not fail.

We have our own concessions now in the Liberia which means more cash flow for us. We will still work other people's concessions for a piece of their pie.
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Jim46

04/25/14 11:55 PM

#86537 RE: DB Crouper #86490

Except that a wash plant is not necessary for the dredges. They are cleaning those daily and they can get some estimation. And diamonds would be readily visible. All they have to do is weigh those suckers. Of course, I know nothing about what I speak, just opining. LOL Jim