bernardho,here is a quote from page 117 of "The Big Score"

"The first four drill tests from October(1994)had indicated only 1 million tonnes of ore was buried at Voisey's Bay.After holes No. 7 and 8,company geologists offered preliminary estimates that the deposit could hold as much as 25 million tonnes.No other nickel mine in history had ever proven such valuable reserves after only 8 drill holes.The estimate meant that even if they did not find another pebble of nickel,Voisey's Bay would rank as the world's seventh-largest nickel mine when it went into production,even bigger than Falconbridge's planned Raglan mine in Northern Quebec.Raglan,set to begin production in 1997,was one of the largest nickel mines launched in years,with estimated reserves of 18 million tonnes in 1995.But reserves were only part of the story at Voisey's Bay.The ore was so rich and sitting so close to the surface that experts were beginning to suggest that Diamond Fields was sitting on one of the world's cheapest nickel sources."

By August 1995 after 150 drill holes all they had to show was more ore at the original"ovoid" and the shareprice passed $70.Hole 166 hit massive sulphides for the first time outside of the "ovoid" at a depth of 500 meters and they were away.On Sept.21,1995 with the shareprice near $100 Diamond Fields stock split on a four-for-one basis giving each of the new shares a market value of $24.There doesn't seem to be mention of how many shares were outstanding at that time but I recall someone posting here gave us that info and it was between 25 and 30 million shares.GLTA.

cs.