1OD:
Thanks for digging deep in the archives with respect to Mennell. Living in close approximity to FALC, our town and trades people have benefited from the early exploration of Shore Gold and Debeers over the last 15-18 years. When the stock peaked at $8.35, the word on the street was "It is going to $12". Nipawin, Choiceland, Prince Albert were going to see large expansions in both resource companies and housing developments....and then the slow decline through $6, $4, $2 and trading for two bits. We all know the diamonds are there......whether or not SG goes to open pit mine is highly questionable.
I haven't figured out why Debeers hasn't taken a position once again....even if it is to shut down the possibility of a future world class mine. With the ease of access to the mine..mining here would be economically more feasible as opposed to in the NWT. The shares are continuously on sale.....and SG doesn't have the cash flow to expand their research on the Star Orion project...
