Post by imSINGLEruRICH on Mar 9, 2015 15:00:08 GMT -5
"New Corp" Inside Pandora's Box
oldepro
DIAMOND JEDI
2 hours ago IceCrush, kashman9 and 4 more like this.
Post by oldepro on 2 hours ago
I just posted this here www.investorvillage.com/smbd.asp?mb=10627&mn=24186&pt=msg&mid=14741243
This should shake them up overthere.
The Conglomerate is emerging. (40%)Newmont/(40%)Shore/(20%)CMKM Diamonds. In that order. Mining, processing and retail. www.cmkmdiamondsinc.com/news.html see July 3 2009 Why go to war with DeBeers, unless it was fake or unless you had something better? QVC Casavant for example.
The elephant in the room is the olde Switcharoo. All in time for the 10 year reunion. Actually, I believe the original agreement was to be announced at the CMKM Vegas Party. But the Sting needed to be done. The Markets needed to be righted and so the story unfolds. Robert Maheu IBM "The Fixer" was in charge. Because of the naked short in CMKM IBM enterpleaded a class of shareholders (certed) called "Bona fide". It means nothing, yet it means everything. I believe the answers came in the DOJ Federal Criminal Trail in Las Vegas, last week:
"Government's counsel advises the Court that all discovery has been produced. A box of documents that relate to this case of unknown origins has been located. They will be made available for defense counsels inspection, as stated on the record."
Pandora's Box. When Pandora is opened, we can all proceed.
The Elephant and the Switcharoo:
Elephant:
"The Star Kimberlite and associated infrastructure are mainly located within mineral disposition S-132039 in Section 18 of Township 49, Range 19 within the Rural Municipality of Torch River. Shore owns a 100 percent interest and 100 percent working interest in an additional 108 mineral dispositions in the area, for a total of 109 mineral dispositions covering 35,822 hectares. All mineral dispositions are in good standing as of the effective date of this report.
Shore also holds an interest in the FALC-JV, which is partially contiguous with the Star Kimberlite. Two of the mineral dispositions within the FALC-JV are considered to be part of the Star Diamond Project, namely S-127109 and S-127186, which lie to the north and west of S-132039, and cover the portion of the Star Kimberlite referred to as Star West. The Orion South Kimberlite is situated entirely within FALC-JV claims. The FALC-JV is contained within NTS map sheet 73H. A claim block covering much of the main trend of kimberlites lies approximately 65 kilometres east of Prince Albert and extends northward from the Saskatchewan River to a few kilometres north of Shipman. An additional smaller claim covers kimberlite bodies near Snowden, located some 120 kilometres northeast of Prince Albert, Saskatchewan. The FALC-JV land holdings are spread across portions of township blocks from T.49 to T.52 and R.18 to R.21. The FALC-JV holds 121 claims totaling 22,544 ha. shoregold.com/properties/star-orion/
The Switcharoo:
"Senior Vice President Exploration and Development, George Read, states: “This LDD program is the first step in a
process to substantially improve the Mineral Resource estimate on the Orion South Kimberlite. The original
evaluation of the Orion South Kimberlite, using underground bulk sampling and LDD mini-bulk sampling, was
curtailed by the world financial crisis of late 2008. In the mine plan contemplated by the Feasibility Study of July
2011, Star is mined first, followed by Orion South. However, Orion South has some 30 metres less overburden than
Star and it is anticipated that this has the potential to reduce the project per-stripping time significantly if mined
first. Orion South also has higher grade Early Joli Fou kimberlite in direct contact with the overburden, and this
could result in stronger early cash flow than in the case of Star. The Company intends to re-estimate the Orion
South Mineral Resource, including the new LDD holes and then re-optimise the open pit on Orion South using the
updated Mineral Resource estimate and diamond prices. Thereafter we aim to optimise the existing Feasibility
Study with a revised mine plan, where Orion South is mined first. Preliminary calculations suggest that such an
optimised Feasibility Study, with a new mine plan, can positively change the economic model for the Project by
increasing the Mineral Resource Estimate and decreasing the pre-production capital costs and the time to achieve
diamond production.” shoregold.com/_resources/news/nr_2015_02_19.pdf
VIOLA: Orion is first: JV benefits
For CMKXERS The ORIO is almost centered in K 140/141. Remember Star?
Newmont is thrilled. Mine approval and income on the way. Now when TFFE confirms this:
$40 to 80 Billion
investorshub.advfn.com/boards/read_msg.aspx?message_id=106755144
And then I heard mom calling and smelled bacon frying.
*All I distribute online I claim and maintain my copyrights
oldepro
DIAMOND JEDI
2 hours ago IceCrush, kashman9 and 4 more like this.
Post by oldepro on 2 hours ago
I just posted this here www.investorvillage.com/smbd.asp?mb=10627&mn=24186&pt=msg&mid=14741243
This should shake them up overthere.
The Conglomerate is emerging. (40%)Newmont/(40%)Shore/(20%)CMKM Diamonds. In that order. Mining, processing and retail. www.cmkmdiamondsinc.com/news.html see July 3 2009 Why go to war with DeBeers, unless it was fake or unless you had something better? QVC Casavant for example.
The elephant in the room is the olde Switcharoo. All in time for the 10 year reunion. Actually, I believe the original agreement was to be announced at the CMKM Vegas Party. But the Sting needed to be done. The Markets needed to be righted and so the story unfolds. Robert Maheu IBM "The Fixer" was in charge. Because of the naked short in CMKM IBM enterpleaded a class of shareholders (certed) called "Bona fide". It means nothing, yet it means everything. I believe the answers came in the DOJ Federal Criminal Trail in Las Vegas, last week:
"Government's counsel advises the Court that all discovery has been produced. A box of documents that relate to this case of unknown origins has been located. They will be made available for defense counsels inspection, as stated on the record."
Pandora's Box. When Pandora is opened, we can all proceed.
The Elephant and the Switcharoo:
Elephant:
"The Star Kimberlite and associated infrastructure are mainly located within mineral disposition S-132039 in Section 18 of Township 49, Range 19 within the Rural Municipality of Torch River. Shore owns a 100 percent interest and 100 percent working interest in an additional 108 mineral dispositions in the area, for a total of 109 mineral dispositions covering 35,822 hectares. All mineral dispositions are in good standing as of the effective date of this report.
Shore also holds an interest in the FALC-JV, which is partially contiguous with the Star Kimberlite. Two of the mineral dispositions within the FALC-JV are considered to be part of the Star Diamond Project, namely S-127109 and S-127186, which lie to the north and west of S-132039, and cover the portion of the Star Kimberlite referred to as Star West. The Orion South Kimberlite is situated entirely within FALC-JV claims. The FALC-JV is contained within NTS map sheet 73H. A claim block covering much of the main trend of kimberlites lies approximately 65 kilometres east of Prince Albert and extends northward from the Saskatchewan River to a few kilometres north of Shipman. An additional smaller claim covers kimberlite bodies near Snowden, located some 120 kilometres northeast of Prince Albert, Saskatchewan. The FALC-JV land holdings are spread across portions of township blocks from T.49 to T.52 and R.18 to R.21. The FALC-JV holds 121 claims totaling 22,544 ha. shoregold.com/properties/star-orion/
The Switcharoo:
"Senior Vice President Exploration and Development, George Read, states: “This LDD program is the first step in a
process to substantially improve the Mineral Resource estimate on the Orion South Kimberlite. The original
evaluation of the Orion South Kimberlite, using underground bulk sampling and LDD mini-bulk sampling, was
curtailed by the world financial crisis of late 2008. In the mine plan contemplated by the Feasibility Study of July
2011, Star is mined first, followed by Orion South. However, Orion South has some 30 metres less overburden than
Star and it is anticipated that this has the potential to reduce the project per-stripping time significantly if mined
first. Orion South also has higher grade Early Joli Fou kimberlite in direct contact with the overburden, and this
could result in stronger early cash flow than in the case of Star. The Company intends to re-estimate the Orion
South Mineral Resource, including the new LDD holes and then re-optimise the open pit on Orion South using the
updated Mineral Resource estimate and diamond prices. Thereafter we aim to optimise the existing Feasibility
Study with a revised mine plan, where Orion South is mined first. Preliminary calculations suggest that such an
optimised Feasibility Study, with a new mine plan, can positively change the economic model for the Project by
increasing the Mineral Resource Estimate and decreasing the pre-production capital costs and the time to achieve
diamond production.” shoregold.com/_resources/news/nr_2015_02_19.pdf
VIOLA: Orion is first: JV benefits
For CMKXERS The ORIO is almost centered in K 140/141. Remember Star?
Newmont is thrilled. Mine approval and income on the way. Now when TFFE confirms this:
$40 to 80 Billion
investorshub.advfn.com/boards/read_msg.aspx?message_id=106755144
And then I heard mom calling and smelled bacon frying.
*All I distribute online I claim and maintain my copyrights
