Luckyme1 Answer...Lucky, most Gold exploration companies have a drive in the stock price with good drill results, They have no proven reserves!!!!!! Some have market caps of 50-75-100MM$ and more without reserves or inferred resources!!!!!!
The way a marine diamond company works is by extrapolating geophysics and samples to a point where the 1.6MM carat indication for AFA is as good as drill holes, and by the way, the same guys that are doing the work for AFA are the ones that did the work for Debeers 10 years ago (That's credibility)
The 1.6MM carats is like a 300M hole with an avrg. of 5 g/t!!!
Please Stop talking about things you do not understanding