GREY:SWFCF - Post by User
Comment by
porkchopInactiveon Nov 18, 2004 1:42am
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Post# 8193880
RE: you cannot go wrong
RE: you cannot go wrongDeBeers has done its thing in the North as well. An example is Rhonda
Mining Corp. They are sitting on a very massive kimberlite pipe on their Knife
Property near Taheras Jericho Projecct. DeBeers had done sampling for
them but later on a land owership issue came and DeBeers didnt release the
bulk sample for almost a good year and a half. Rhonda put a lawsuit on
DeBeers and DeBeers countersuited of course. To make a long story short,
DeBeers ended up with 51% if they spend $10 million on the project and
carry it through production. To be truthful, Rhonda management does suck so
they didnt help the whole situation.
I hope SNO management have their heads screwed on right cause they could
be sitting on something huge. I am definitely in for the ride!
Porkchop