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IIE:CA V.IIE



TSXV:IIE - Post by User

Comment by chuckles37on Jan 17, 2008 8:48pm
120 Views
Post# 14221949

RE: Tommer, I am fed up with hearing about ...

RE: Tommer, I am fed up with hearing about ...Tommer keep up your posts regardless what others say or think. As for buying into a poker hand in the early stage (because that what we do when we play the venture exchange) we sometimes win, we sometimes loose. I cut the following from DIAVIK's website to show how long it takes to make a mine from a core sample. 1991-1992 Aber stakes mineral claims March 1992 Exploration begins June 1992 Aber Resources, Kennecott Canada Exploration form Diavik joint venture 1994-1995 Pipes A-21, A154-South, A154-North and A418 discovered February 1996 75-person exploration camp erected for underground bulk sampling July 1996 5,900 tonne bulk sampling of A418 and A154 South pipes completed December 1996 Diavik Diamond Mines Inc. created with head office in Yellowknife March 1997 Bulk sample transported over winter road to Yellowknife for processing. Approximately 21,000 carats of diamonds recovered June 1997 Environmental baseline studies completed September 1997 Pre-feasibility study completed March 1998 Project description submitted to Federal Government triggering formal environmental assessment review under the Canadian Environmental Assessment Act September 1998 Environmental Assessment Report submitted and Comprehensive Public Involvement Plan initiated November 1999 Federal Government approves project for permitting and licensing September 2000 Diavik Diamond Mines Inc. receives all necessary permits and licenses to bring mine into production December 2000 Investors of Rio Tinto plc and Aber Diamond Corporation approve $1.3 billion expenditure to build mine January 2001 Mine construction begins October 2001 A154 dike earthworks completed July 2002 A154 dike completed, dewatering commences December 2002 Mine virtually complete January 2003 Diamond production begins May 2003 First million carats May 2003 1.9 million accident-free hours April 2003 Aber’s first sale of rough diamonds July 2003 Rio Tinto Diamonds’ first sale of rough diamonds As you can see it was 10 years. 10 YEARS PEOPLE ! So lets not take shots at each other because they are not moving fast enough for your liking. By the way if your interested in how much the stock is worth, check the ticker under HW on the TSX. For me, I added recently and averaged down nicely and will wait for news.
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