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Bullboard - Stock Discussion Forum Diamonds North Resources Ltd V.DDN

TSXV:DDN - Post Discussion

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Post by Ogre2 on Jan 20, 2010 1:42pm

results

There is no hidden agenda, or staged releases, I don`t believe that style, just the usual delay in getting results.  But if you review the past few news releases, some more assay results should be pending for gold prospects PB1 to PB4 and nickel.  As well, it seems obvious that this show will be used to drum up a private offering for drilling, etc, in 2010, and DDN indicates that they will be doing more work on the PB trends early this year.  Oct 29: ``Planning is underway for an extensive gold exploration program to begin in the first quarter of 2010``  Not to mention kimberlites, which appear for a diamond company to be not taking up much of the posts here.  They will be doing more bulk work there. Dec 1:  ``The recovery of a diamond on the 1.70mm screen warrants the collection of a larger sample.`` Nonethless, it has been a long wait since the days of the yellow diamond.
Cheers,
Ogre
Comment by romanko on Jan 20, 2010 2:38pm
Although I don’t doubt that DDN will have results, but I suspect they may be a year behind the curve vs. competitor explorers in the region. Look at CMD and PGD, they’re delivering results from this past summer now, while DDN saved $ by just doing rock samples and percussion drilling instead of channel sampling for the gold and full drilling for the diamonds. We’d have a better idea how much gold ...more  
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