RE: RE: RE: RE: price high to low clarity ?infome,
HM and some others has been here since the lows..... before we ever went high !
in a nutshell..... from 2005-2010
gaudy microdiamond counts and step out drilling adding 20m tonnes of DBR per hole drove the SP agressively
6 tonne samples suggested a grade that stacked up and this supported the SP even in the absence of large stones
Surface 60 tonne samples didnt impress the market due to continued lack of larger stones.... the argument that the drill cores suggested larger stones resided at depth wasnt enough to convince people
The world then went off the edge of a cliff economically with luxury goods like diamonds the first to hurt
And here we are.....
In all of this timeframe the story has only gotten stronger - geologically speaking. Unfortunately, money has only gotten more scarce.