GREY:SWFCF - Post by User
Comment by
Montrose2on May 11, 2009 10:27am
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Post# 15983098
RE: RE: drilling
RE: RE: drillingNot sure I would put much "stock" in that persons comment about "speaking with the company".
Given that the commencement of drilling and its goals were subject of a news release, it is highly unlikely that substantive "negative" results would be released to anyone calling in. The negative result is certainly possible but it is probable that to ensure regulatory compliance those results would be subject of a formal news release.
A factor that I find interesting is that company insiders were still buying stock some two weeks after the drilling commenced. I am not a geologist and I am aware that the presence of diamonds requires labratory examination buttttttttt I think "kimberlite" is an obvious and readily identifiable substance. I believe the drill cores would immediately tell them whether they were on to kimberlite or something else. If it were something else then why buy more stock. At least thats the way I view it.
Onwards and Upwards.