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[QUOTE]Originally posted by legaleagle: [QB] REPOST from 32. This is what DD backed opinion looks like. digby Drill Site Evaluation « Thread started on: Today at 5:54pm » -------------------------------------------------------------------------------- I have been reviewing all the old PR's, reading up on diamond mining in gerneral as well as kimberlites as a whole. Historic reviews show 1% of kimberlite pipes have diamonds in significant amounts. Most of these diamond bearing 1% tend to occur with a grouping associated with an area having a common volcanic history. 80% of Saskatchewans' kimberlite pipes are diamondiferous. 50% contain diamonds over one millimeter in size. We (CMKX) have 151 anomalies (PR 17 September, 2003) in the area, surrounding and immediately adjacent to DeBeers’ mines. 5 of these have been deemed “high priority targets” for immediate drilling. The percentages indicate that 120 of these anomalies should be diamondiferous. 75 of them should produce diamonds over one millimeter in size. At least two of the 5 high priority targets should immediately show diamonds. We have been drilling since March, 2004 (PR 15 March 2004). The kimberlite strata that other companies in the area have sampled tend to be approximately 15 meters thick. Ours tested out more than 50 meters thick (hole one per the PR’s). This drilling must have produced something before June 2004 when it was announced that we were retaining the services of Roger Glenn. Based upon the PR's and the rate at which drilling can be accomplished (stated in PR's), we have most likely finished sample drilling on the first 3-5 sites. The likelihood is that we have at least two proven sites documented. These are in the neighborhood of DeBeers claims, thus are probably from the same or similar volcanic flows. This places our claim’s values at $40 - $80 Billion each. The likelihood is that if only half of the 75 possibly diamondiferous anomalies end up being in this $40 - $80 Billion range, we have the potential of 37 diamond mines X $40 Billion = $1.48 Trillion. The provable assets of $80 - $160 Billion at time of filing, along with the valuation of our JV’s and the possible gold, uranium and other minerals that we have been getting rumors of, could and should be the short-term firm basis for our shares to run on. The short-squeeze, if any, is just icing on the cake. Once we get a firm share structure from the filing (which must occur by 1 May per law), we should be confident in at least 50% of this value per share being translated to the price per share within one to two months. Several of our clan that have been estimating that we could possibly run to between $1-$2 within days of our filing. This may be underestimating our potential. I feel it would be foolish to allow any group to part us from our shares at anything less than the value determined by the above formulae. Please don’t make the mistake of selling all your shares in the short-term. The long-term potential for this company is enormous and exciting. I expect harsh criticisim of these statements, but I'm big enough to take whatever is dished out. Thanks for your time. [/QB][/QUOTE]
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