I liked KIM and posted on it quite frequently but sold out the...

I liked KIM and posted on it quite frequently but sold out the large majority of my holding back in July as the mkts became more risk adverse / impatient and KIM failed to have any success getting economic grades from the initial sampling of the fissures that were thought to be the source of the Terrace 5 diamonds. Their last report was that the resource and plant was performing at or above expectations, with throughput being 15% above budget. Since August, their main focus has been to drill the deeper sections of Pipes 4 and 9 with wide diameter drills to prove up increased mine life. We have yet to get any results from these: perhaps there is some speculation that these are below par. I have no idea, but continue to monitor KIM.

angus