As per bulk sample..It is hard to compare the timeline to the last bulk sample because not only did the material stop in Sudbury...there was also a purpose delay in the process to not let De Beers have the valuation information before they chose to opt in or out of the partnership agreement.
The biggest information we will get (before the valuation) are grades, sizes of the largest diamonds and photos. I suspect that information may come late in the 3rd quarter.
It will be quite easy to compare the new photos of the bulk sample with the photos from the ch6 bulk sample and get an reasonable estimate on carat value...not just a shot in the dark like last time.
That may be a turning point in the whole project. If that information can really push the stock price...they can easily do a good financing and get the LDD drill rig turning again in March of next year. If not, then we may have to wait for the valuation and then the PEA before the market really digs into the stock price (depending on the result).
May have the valuations out at or just before XMAS.
No holding back this time...They can expedite the whole process as much as they can.
LONG...PGD
EKIM