LOM 0.00% 7.0¢ lucapa diamond company limited

The Time is Nigh, page-44

  1. 6,543 Posts.
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    ecat88

    363 posts.
    Date:
    05/05/16
    Time:
    11:16:22
    Post #:
    17683323
    Harm said:
    Myles had this to say in 2011 about the landscape of hard rock diamond mines globally.
    Click to expand...
    Nice read Harm but you're missing the big picture. Who cares whether L259 will be the only hard rock diamond mine in the world or whether there are others. L259 has all the makings of a Tier 1 asset. You still going to be hung up on what Miles said all those years ago if they're pulling out big Type2As from L259 and the shareprice is skyrocketing?
    and this
    . What the gravity and EM didn't show is just as important as what it did show. It didn't show any other weathered kimberlites in the immediate area which tells me that L259 is the special single source of all the really big Type IIAs on Block 8 and likely Block 6 and is likely economic IMO.
    Interesting to note that kimberlite L13 is classified as "unweathered". This suggests it is a younger kimberlite that has not eroded and is not shedding any diamonds. Therefore, it also suggests that it is not a source for the diamonds found on Block 8. I think all the Block 8 diamonds come from L259 and not from the satellite kimberlites like L13. This is good news as it is better to have one rich kimberlite (ie. L259) shedding all the diamonds instead of the diamonds being sourced from multiple kimberlites. If L259 is the single source of the Block 8 diamonds, it increases the chances of L259 being economic
    honestly its litted through speeches,and Anns about there thoughts now that L259 is the source and unlikely NOT to be commercial
    If your going to troll at least quote facts,ecat was talking about block 6 and not block 8 being really the only true indicator to the Kimberlite and I beat to my own drum young man . You have a good day pushing mis info because at the end of day that commercial kimbilite is coming ....like independence day only bigger
 
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