RE: buy out70% of my shares are in RRSP's so it doesn't matter. MLB, IMO is a friend of a friend who knows some of what's going on...but don't we all.
We know the indicated and inferred and anyone can do the math and speculate...heavens sake, I do lots of it.
I cannot believe that this play has only alittle bit more in the ground. The 3 pipes in this play, to me could hold at least 20% more. Think of the size of a pipe and extend it 20%. That's alot.
The other important note is what was stated in the news. As mining is underway, it's common to find larger diamonds. The other imortant thing is there has already been a variety of large stnes which is what makes the value go up.
IMO, we'll see 20% more in carats and 20% increase in $/carat. Buyout? I 'm 70/30 regarding if we'll get bought out or go to a mine. Getting bought out is what I would like because I don't want to wait much longer. If we do get bought out, it'll be before EIS.
As far as MLB stating true numbers won't be stated.MPV/DB have no legal choice but to disclose what they know.
cb