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Replies to #12998 on One Step Ahead
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drdetwin

09/16/04 5:54 PM

#13048 RE: Bo14172 #12998

Bo, please go back and read my post I was not stating those other companies OS but THEIR market cap big difference.

Also, it doesn't mean a thing having a location near Shore Gold or Debeers when SHORE GOLDS Star Kimberlite may not even be economical. These other companies are ahead of SHORE GOLD in the feasibility department and with TAH for instance are on schedule to have an open pit mine sometime next year.

These companies are years ahead of CMKX and they have market caps of 45, 72 and 22million dollar market caps, CMKX has anywhere between 160-320 million.

My post was in response to your statement that diamonds would be the reason we move and when comparing us to these other companies it shows how overvalued our diamond claims currently are. We are in YEAR 1 of exploration and have yet to even process a CORE SAMPLE, let alone any type of mini bulk or Bulk sample. There is much more involved with mining then simply finding diamondiferous kimberlite. No matter what the TDEM shows, advanced bulk sampling is still required and grades/valuations need to be determined

The way our PPS will move in the short term is:

Any type of HUGE valuation will not come from the diamond claims IMO. I hope the "rumours" are true and we do have the "largest mineral find ever". This rumoured "huge" mineral find along with any NSS position is our catalyst for the short term. A merger announcement along with a share buyback will also help the momentum.

JMO and views.