CrockyCrocky, They reported Cantaur valuations in the March 20th, 2006 NR. If they posted the grade for these can you update.
Something here just isn’t right.
Phase I batch sampling required about 10 news releases , an average of 24 days apart. Phase II batch sampling was about 7 news releases , an average of 25 days apart. Of course, this excludes the Christmas to New Year period. Phase III has consisted –to date – of three releases which average 65 days apart. Here is what was expected in early April according to Shore. “It is anticipated that Pense Kimberlite will be intersected by drifting in May.”
“Phase 3 of the underground bulk sampling targets the significantly prospective Cantuar and Pense Kimberlites. Diamond results from these kimberlite phases will be published as they become available and further Cantuar results are anticipated in the month of May, while the initial Pense results will follow in June. “
The first supposed Cantuar results from Phase III were announced in June, and did not include any verifiable Cantuar-2 batches might have been Cantuar and one was a mix of Cantuar and EJF. The second set of Phase III results , Sept. 6 , amounted to just 1 batch of Cantuar. The most recent set of Phase III results, Oct. 23, contained no Cantuar results.
It is now mid-November and 2007 is running down. How does the company rationalize this? I’ve not seen nor heard any explanations from Shore on this. Do you mean to tell us that diamond results from the Pense and Cantuar cannot be published because they are not available? How can that be when the company has supposedly been drifting into the Cantuar since early 2006 and we were also going to be into the Pense 5 months ago? Even allowing for technical delays this is pretty much mocking the shareholders. I find this completely unacceptable .
Crocky