PCP paramount mining corporation ltd

Not very familiar with the diamond exploration business but just...

  1. 791 Posts.
    Not very familiar with the diamond exploration business but just by way of comparison...

    Recent BDI presentation shows WA Block C1CB02 returning 23 diamonds at a total of 12.2 carats over 650m3. C1CB04A returned 141 diamonds at 54.5carats over 600m3.


    PCP today returned 42 diamonds at over 1 carat from 6m3! Lets assume this is consistant (and we're not even talking about advance bulk sampling methods) throughout the field... and assume they have 600m3 = 420 diamonds at over 100 carats. Granted that average carat isn't as good...but its only early stages. Very crude method of comparison but it's the best I could find.

    BTW. Where has vascoeblack dissappeared to? I'd be interested to hear his thoughts.
 
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