Yeah .. this is nothing devious at all. But I do suspect a connection between UCAD and CMKX. Doesn't CMKX have another consultant named Newsom ? These men are pros and do not go around sullying their reps. In Canada neither Mel nor Urbie can supervise any field work anymore because of Bre X. We have what are called 'Qualified persons'. Hutchinson and Newsom qualify. THAT is your protection. What happened with the first results P R was a jurisdictional thing. Pinkies can report whatever they want .. but not so in Canada. That's why the UCA and KPG shut themselves down P D Q and cancelled the trades. They could not report in the fashion that Urban did. But have no fear .. I think we have a nice tight ship now with Melvin muzzled and Roger running things properly. Now if we only knew where all the stock sits. The SHADOW knows .. and so do Urban and Roger.
Take yourself back in your DD was Hutchison not the lead geologist with DeBeers at one time? Pretty sure that was so, and if so why would a DeBeers geologist part company in the FALC with DeBeers?
Simple it's not if CMKX has diamonds it's how many verified do we have in the ground. Once that is known then the money will come pouring through the CMKX door. http://tinyurl.com/2rbnx
I believe they already have a very good idea and that is why Roger Glenn has arrived to defend the company. It makes sense to me that UCAD GEMM KPG and possibly more could conglomerate to cut drilling and assaying costs which are huge. Once they do it also makes a debatable assertion that someone like BHP or indeed DeBeers AT SOME POINT might decide to takeover.
It does nothing for us as expectant anxious investors that Urban is able to keep a lid on all this but as successful investors it appears to be helping enormously. The miner's creed keep your mouth closed could be crucial here. But many are becoming apprehensive of a possible R/S or no diamonds or a tender going for too cheap adnauseum. It all boils down to what's best for the company. My personal take is Urban is now in a position to fulfill his dream of a successful diamond miner. I doubt a buy out or a tender offer are in the cards much less a R/S anytime soon.
It's all in whether you think Urban has diamonds or doesn't he. If he does then the rest will take care of itself. I personally think GOOD Smeaton cores have been purposely withheld. I personally think there is much much more going than Smeaton. Either you believe that or you don't. R/S , tender offer, DO NOT make sense to me. Obviously we are being held back by whatever means therefore I see a merger of local area juniors beyond KPG and UCAD a possibility because it's advantageous and in the final analysis what is best for the company will be the order of the day.
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