I’m not sure about who threw this size for our oreo cookie into being, but from the calculations I have heard they are pretty close. Approx 2 miles X 1.75 miles in diameter for our target pipe we are moving to. Just to bring things into a little light I can throw a little statistical information in here to hopefully brighten up your day. For calculations sake I figured the data on a 2 mile diameter instead of on the medium of 1.875.
In the Saskatchewan pipes, single bodies of kimberlite have been found to exceed 1/2 mile in diameter. A 1/2 mile in diameter pipe will contain an estimated 1 billion tons of kimberlite. Thats right 1 billion tons for a 1/2 mile diameter pipe. Plus if the diamonds are found in quantities of only 0.5 carat/ton of kimberlite, this would amount to a total reserve of 100 tons of diamond! Please note that I said only ½ carat per ton of kimberlite. Any single diamond could far exceed that per ton. But for the sake of being conservative and not being seen as being over zealous in our statistics we will go with only ½ carat per ton.
It doesn’t take a rocket scientist to do some of these calculations, but I think they are fun and add more solidity to my position in CMKX daily. The reports are that some of these oreo cookies of ours are say 2 miles in diameter then obviously we are looking at 4 times that amount of the statistics found for the ½ mile diameter pipe.
If ½ mile diameter pipe had 1 billion tons of kimberlite and 100 tons of diamonds then we can reasonably calculate from there.
This would mean a 2 mile diameter pipe would reasonably have 4 billion tons of kimberlite with potentially 400 tons of diamonds with each ruff carat worth in the neighborhood of $100 per ct. (The $100 per carat will differ depending on the size and luster, so $100 was a medium)
A carat is the unit of weight for diamonds and other gems. The metric carat of .200 grams, or 200 milligrams was adopted in the United States in 1913 and now standardized in the principle countries of the world.
This means it takes 5 carats to make a gram.
And there are 1,000,000 grams in a Metric Ton (2,204 pounds) or
362.9764 metric tons X 5 million carats = 1,814,882,000 carats
1,814,882,000 carats X $100 = $181,488,200,000 dollars
181.488 billion dollars
This will give a little idea of some of the incredible intrinsic value and potentially PPS shattering ability that just ONE of these potential HUNDREDS of targets can have.
This is nice solid value that can put CMKX over the top and I hope our team in Saskatchewan brings this baby in soon. Over the top to me means we could begin legitimately seeing a dollar range per share with an oreo like this even if we had a 500 billion O/S.
This is just my opinion and I ask that you treat it as such.
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