Yes it appears that way Heavy. since we haven't heard anything on financing the project as of yet. The price will not move until we do. Is it a matter of the Leadbetter conglomerate being "non-financableble" because the industry does not understand the potential of the Leadbetter or the fact that mining a conglomerate seems so foreign to the industry. Having said that I came across a Reuters article today that might provide the market with that yardstick that seems to be missing that may show the potential of the Leadbetter conglomerate.
(Reuters) - Cameroon awarded a diamond mining license to South Korea's C&K Mining, requiring the company to begin development of its Mobilong concession within a year, according to state television on Thursday.
The Mobilong concession has probable reserves of 736 million carats of gem quality and industrial diamonds that could make the central African state a leading world diamond exporter, according to drilling results.
C&K signed a mining convention for the deposit with Cameroon in July 2010, setting out duties and obligations of both parties and paving the way for a license.
A company official was not immediately available.
C&K Mining is a joint venture between Cameroon and South Korea, which holds the majority share.
The company has said initial production will start at the alluvial level with an annual output of 50,000 carats, but will rise to about 800,000 carats when full production will reach the hard rock conglomerate.
Cameroon is seeking to diversify its economy away from its dwindling oil reserves and its natural resource potential also includes natural gas, uranium and timber.