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. Why would you not include any of the Kimbo's on the TDEM ann,...

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Mushroom001

627 Posts.

16/08/17

18:21

Post #: 26542269
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Originally posted by bungy234 ↑

My initial thoughts with respect to today's announcement was that we've waited for the TDEM report for eight months, and after that long wait they conveniently excluded that section of the survey which covers the most prospective area to host the diamonds at mb-6 and 8. On top of that, they haven't provided latitude and longitude coordinates, so it's going to be tricky overlaying today's images on GE - difficult but not impossible.

Instead, and again this was my initial thoughts, the survey in today's announcement was for a section of the Cacuilo valley so far upstream of mb-6 and 8, it might as well have been from the moon! That said, this area was visited by MM and contains some interesting facts from exploration during the colonial days that he shared in his 2011 comprehensive report on Lulo. This area is deserving of a separate post which I'll put together later this week.

I can certainly think of some good reasons why the board has chosen to exclude the TDEM survey immediately upstream of mb-6 and 8, but it would only be pure speculation on my part, so I'll refrain from sharing my thoughts with you at this stage.

Overall, I'm a tad pi**ed with the report, but that's only because they omitted a hot section of the survey I've been anxiously waiting on. The part I do like is that the TDEM survey has generated some additional targets and has enabled our geos to accurately prioritise the the kimberlite targets which I believe is the way forward.

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. Why would you not include any of the Kimbo's on the TDEM ann, that you have already taken core samples of? Yet continue drilling them?

Last edited by Mushroom001: 16/08/17

LOM Price at posting: 26.0¢ Sentiment: Buy Disclosure: Held
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