News Focus
News Focus
icon url

trade15

08/05/04 11:41 AM

#71361 RE: Kimberlite #71352

Kimberlite

Only one drill rig will be drilling on the claims , not six , seven or whatever. I spoke to Rick Walker yesterday and received the information.

trade15
icon url

dreamrchaser

08/05/04 12:39 PM

#71402 RE: Kimberlite #71352

Kimberlite, I think they will have as many drills as possible going at the same time. They are in a joing venture agreement because they want a profit. And each company wants their profits as soon as possible, Urban has the (1.4mil acres) property with over 100 magnetic anomalies, and the other companies has the equipment to help mine this rich array of property. Not only is diamonds on this property but other precious minerals. Now please do not quote me on this, but who knows, one company could be drilling only diamonds, the other company drilling for potash, the other plutonium, the other zinc ect. We know that there there are diamonds in that area, but what we need to know is whether we have other precious minerals on that property. If other precious minerals are found, then you will other mining companies deep, deep pockets wanting a piece of the action, then this will also drive pps. But I do believe that with all drills operating simultaneously, it greatly increases our chances of finding something quicker and making the pps go up drastically before the on 17th. And with this news, we announce the os and what stock exchange we are moving to.