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DIADEM RESOURCES LTD V.DRL



TSXV:DRL - Post by User

Comment by pmrideron Aug 09, 2010 10:40am
254 Views
Post# 17333258

RE: Confidence!

RE: Confidence!We are taking it on the chin today.  Second tranche of the PP came free trading and some are getting some paper off.  Be interesting to see how much comes out.  Potential investors have probably been waiting for this and good on them. 

Had an opportunity to look at the technical report done on the property in 2001 by Stephen Reford (working for a consulting engineering firm at the time) and the drill/till results.  Target 100 & 105 are the most interesting targets as that is where the macro diamonds were found and the highest concentration of micro diamonds.  Most of the diamonds were found in the till results (including the macro diamonds) and with a vertical hole being drilled on each target it will be interesting to see what we come up with drilling at an angle.  Suspect they will be drilling multiple holes on each of these targets. 

This drilling for diamonds takes a cast iron stomach.  Diavek had drilled into something like 25+ kimberlite pipes before they found something economical.  This will probably be no different, but then again......
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