GREY:PGDIF - Post by User
Post by
oiltaron Oct 16, 2015 1:07pm
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Post# 24198580
This clearly shows
This clearly showsThat the first valuation of Victor was way off the mark at $155 per ct. The grade was in line with what we know today but the value per ct was way too low.But Victor in production jumped to $425 ct... I wager that the geology of Chidliak is much more stable and the emplacements were much more less complex.
Thus it gives me good reson to conclude the CH-6 and CH-7 pipes are currently understated in grade and valuation.It is very possible the Chidliak diamonds could during a production run in line with values like the $425 Victor.We must not lose sight of the fact that the CH-6 is 12 times the grade of Victor.Chidliak could be in the running for Canadas highest value per ton ever seen in a Canadian mine.