RE: attn:kegaston/ re mining methods?Mr. Knight you have finally raised my ire.
You are playing the 10 cent millionaire on a 20 cent stock.
Your babblings are making this stock no fun anymore.
I asked you to comment on the following:
excerpt from sedar repot:
"the quarter ended September 30, 2004. Factors contributing to the loss included downtime due to
equipment failures on the m.v. Discoverer, along with weather delays, a port call for refueling, and the UNPREDICTABLE GRADE OF RESOURCE."
" The estimation of reserves and resources is inherently uncertain and involves subjective judgements about many relevant factors.
The accuracy of any such estimates is a function of the quantity and quality of available data, and of the
assumptions made and judgments used in engineering and geological interpretation, which may prove to be unreliable.
There can be no assurance that estimates of indicated mineral resources (probable diamondreserves) will be accurate or that such mineral resources can be mined or processed profitably.
Estimated indicated resources (probable diamond reserves) for the Company’s Namibian marine diamond
concessions are based on the September 2000 feasibility study by AGRA Simons Ltd., which contemplated DIFFERENT MINING TECHNOLOGY than that in use by or available to the company
Also , your comment on a posters input
"Just shows how little you know ,Mr Valuepro...."
I challenge you to tell us the "know nothings " all about the shallow vrs deep water including the depth #'s for both.
If you are here to stroke your ego go away, if not answer the questions.
icbs