Im suprised the sp is not trading arround 0.02 cents after yesterdays announcement. Altho the 226.06 carat ruby crystal and the 89.66 sapphire crystal is not of gem guality you would think that there would be some gem quality ones there. And to think these stones wer excavated by hand from a shaft can only tell you that these stones will be easy to mine. Looking at these stones I would say we could be looking at about 2% of stones being large gem guality mined and maybe more in other areas of this permit. 2% is the norm arround the world and even at 2% if this ends up being the case then cluff is sitting on a monster.
CFR Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held