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Diamonds North Resources Ltd V.DDN



TSXV:DDN - Post by User

Comment by Usualsuspect7on Dec 02, 2009 1:15am
427 Views
Post# 16543894

RE: RE: target re-evaluation

RE: RE: target re-evaluationIt all fits with the plan DDN had laid out in its last presentation. They are progressing to the next step because it's worth it. One of the most interesting parts of the Beluga-3 story is showing the presence of decent stones in a low-magnetic profile kimberlite. As this forces a re-think in DDN's approach to identifying kimberlite bodies (they alluded to this in their previous Beluga-3 release), other explorers in the area could also benefit from a market re-think of what could be found on their properties. For DDN it's very encouraging in the sense that with one potentially economic low-mag pipe already, it begs the question of how many more of these bodies could exist on the property. Action will be interesting in the next weeks and months.

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