GREY:CAEFF - Post by User
Comment by
Speculatormikeon Feb 19, 2004 12:35am
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Post# 7082440
RE: Caldera CEO Interview
RE: Caldera CEO InterviewInterviewed by Wall Street Reporter, promotion of company.
Started with brief history of company.
Discusses two major drilling programs in 2004. How they got to this point.
April, subject to weather conditions, drilling on Southernera JV. Up to 15 high priority targets including two micro diamond bearing locations.
June/July drilling in Runton when temperatures are more suitable. Compared this one to Argyle Mine (largest diamond mine in the world) in location, type and size. Results from more Runton loam samples expected over the next few days.
Promoted relationship with Ronald Winston on second Runton location adjacent to the one above.
Spoke to being undervalued due to over interest in gold sector. Felt future for diamond prices will be on an increase for a number of reasons, one is that supply is tight and while a second being that no new major diamond mines coming on line over the next few years.
2004 will be very interesting.
Mike