RE: This week....Thanks for your post buyingitup,
As with most drilling programs the volume should slowly increase over time. Considering that they have barely mobilized the drills I wouldn't expect much for the way of a share price move for the next couple of weeks. From there, perhaps we'll see a move to the
.09 level in anticipation of results by the middle of the month. As for timeline, I would say 10-12 weeks.
I live in Yellowknife, NT and believe me, you're probably looking at a 4-6 week drill program, two weeks to ship out for assay, two weeks for assaying and two weeks to ship back, review data and prepare a press release. Things just seem to take more time up here.
Also, if you see sudden substantial price moves, it is probably a tip (not necessary manipulation). The diamond industry is very small and very close. So, information has a way of finding its way to money before the broader market "officially" knows.
Cheers,
djgt
aka Chris Weber
www.weberswebnewsletter.com