I don't agree, it depends on their reporting parameters. Being that it takes an 8 hour round trip to get within communications, reporting each and every find is not feasable. IIRC it was reported from the last GM that LOM were planning to immediately report any finds above 5ct, so it's pretty safe to say they have not found anything exceptionally large.
Look at it this way, in the last update there was reported a find in BLK1 (the non-Calonda sample which wasn't expected to be highly diamondiferous) which wasn't previously, and the processing of BLK1 started quite some time before that. So it is clear that LOM are not reporting each and every find as they happen.
Being that LOM have stated that BLK2 is a calonda ore, and that there is a large amount of this ore in the Lulo concession, it would actually be more newsworthy if the next calonda sample did not contain diamonds, than if it did. But in the end, we can read the lack of news as meaning pretty much anything and I suspect the way people do so is more based on current sentiment and investor/non-investor bias than anything else.
Time will tell I suppose.
LOM Price at posting:
3.6¢ Sentiment: Hold Disclosure: Held
