Post by IQ on Jul 9, 2004 10:00:29 GMT -5
This should be common knowledge to everyone one, but even I missed the data.
It is a Geological fact that:
1. There are about 2500 kimberlitic pipes in the world and they are very difficult to find.
2. 1/10 of these kimberlitic pipes contains some diamonds.
3. 1/100 of these kimberlitic pipes in the entire world has enough diamonds to make mining even economical.
4. There are about 30 pipes in the world that have been mided and 8 are in operation.
Here is what we know about CMKX:
1. They have already found ~300 kimberlitic pipes in a very small area after the aerial survey.
2. This means that for that entire area there would be a total of 6600 kimberlitic pipes.
Guys that would be twice as many as the entire world.
3. This means that 66 of these pipes would be mined.
Conclusion:
To reach a point of production an investement of about 750 million dollars is required. Remember a single economic diamond pipe is worth about 2Billion dollars over 20 years of mining.
Final conclusion (approximately):
66pipes * 2Billion$ = 132Billion $$$$$$$$$
Guys we are going for a ride we will never forget.
I never had a brainstorm like this before.
1$/share is nothing. ;D ;D ;D
Show me the money.
It is a Geological fact that:
1. There are about 2500 kimberlitic pipes in the world and they are very difficult to find.
2. 1/10 of these kimberlitic pipes contains some diamonds.
3. 1/100 of these kimberlitic pipes in the entire world has enough diamonds to make mining even economical.
4. There are about 30 pipes in the world that have been mided and 8 are in operation.
Here is what we know about CMKX:
1. They have already found ~300 kimberlitic pipes in a very small area after the aerial survey.
2. This means that for that entire area there would be a total of 6600 kimberlitic pipes.
Guys that would be twice as many as the entire world.
3. This means that 66 of these pipes would be mined.
Conclusion:
To reach a point of production an investement of about 750 million dollars is required. Remember a single economic diamond pipe is worth about 2Billion dollars over 20 years of mining.
Final conclusion (approximately):
66pipes * 2Billion$ = 132Billion $$$$$$$$$
Guys we are going for a ride we will never forget.
I never had a brainstorm like this before.
1$/share is nothing. ;D ;D ;D
Show me the money.
