Yeah this next month will really be a company making months for TAW. All the geology points towards a massive diamond mine but we'll have to wait to see the results.
These are the points why I think it's a good bet:
1) The alluvial deposit is located only 6km from a massive diamond mine.
2) It contains the gravels needed to trap diamonds while they are eroded over millions of years. Alot has the right "potholes" etc.
3) Rocks contained in this deposit (a certain type) come from the area where the diamond mine is situated. It follows that if these rocks were deposited there then the diamonds should also be there.
I think they'll most likely find diamonds but the quality and quantity is unknown. Could be an absolute bonanza given the close proximity to the diamond mine.
- Forums
- ASX - By Stock
- daniels results soon
Yeah this next month will really be a company making months for...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)