Vaaldiam Mining Inc VAALF

RE: NEWS Just Released!

[NORSASK]

Brauna ---quick calc

conservative scenario
4,702,647 tonnes x 20.73cpht = 974,858 carats x avg value $200 carat (VAA's guess for 2008 for Duas Braas - similar grade per hundred tonne)
= $194 million gross value from Brauna's estimate today plus possible expansion below 200m and other kimbi pipes.


then there's
Duas Barras diamond mine - producing - see recent news posted for numbers

add
Elkedra's Chapada mine contains 12.8 million tonnes of alluvialgravels, and at a grade of 0.021 carat per tonne, the material holdsabout 270,000 carats. With recent sales running at about $400 (U.S.)per carat, the existing resource has a gross value of about$110-million (U.S.).

they are building a very nice resource with lots of bluesky left in other properties.
when diamonds are in vogue - this stock is gonna do VERY well i would think.