GREY:SWFCF - Post by User
Comment by
imallinon Apr 02, 2007 11:48pm
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Post# 12535803
RE: Always a chuckle
RE: Always a chuckle Good post Biotechguy1. You read my mind and took my words.
imallin
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RE-POST OF BIOTECHGUY1
It is interesting to read every post. I don't block anyone anymore.
If I didn't own this stock......I would probably buy a 100K @ 0.30
I have looked at NNA, SRM and a few others HUD etc.
I find it interesting that people are debating ice roads, truck size, blasting completion..Diamond color....quality etc.
The market cap for SNO is ridiculously low........considering how advanced this highly speculative stock. The facts are the facts.
1) 500 Ton sample processed and partly analyzed by July
2) Close to yellowknife (1/5 the cost of operation should it be a mine)
3) Multiple targets still to be drilled!
4) Debeers processing for free How many other get this benefit ?
5) Year round drilling (year round = 365 days if they want)
The Debeers factor is huge......they know that this kimberlite is probably something they have seen before.....and to process 500 tons versus 600 to 800 K of caustic fusion is a no brainer.
Would I buy more........I am already too deep........way way wayyyy to deep.....
If it trickled down to 0.24 - 0.25 sure another $ 20,000.
If they have diamonds with a decent quality and count......then cool.
If not then well.......I go back down lick my wounds and by something else........either way I find the low price of this stock absolutely ridiculous....
JMHO.............