RE:I was down to the Gold Range and heard...l
I think your information is accurate. The diamond drill will serve to delineate the tonnage of the kimberlite body they are working on and tha RC rigs will be there to collect the bulk sample which hopefully will fall in the 500 - 700 tonnes if all goes well or maybe less if the ice to get the rigs out does not hold up.
Given what they have reported so far, the larger sample should provide some good size stones given the laws of probability. I see plenty of reason to believe that the grade will stay at least where it is at and that the value per carat may have room to increase.
I particularly like the very low float on this company and the fact that the private placements were made without added warrants to serve as overhang.
A market cap of 300 milllion or more is not out of line which means $4 today is quite reasonable. I was around for the early Mountain Province days and did well so I believe this management will come through again.
Rick The Vet