The Gold Report Interview with Brent Cook, Exploration Insights (11/11/2008)
"Brent Cook: But let’s talk about 10-for-1 potential for a moment. Diamonds North raised money at $1.08 and is now trading at about 30 cents. Very, very smart group. Intelligently explored up in Nunavut. Early analysis of the kimberlites showed a good diamond count, good quality diamonds, and now they’ve gone back in and taken some bulk samples. The results should be out within a month or so. If they show large diamonds, this is potentially a 10-bagger.

The Gold Report: So there's real potential here to be the 10-bagger; in fact they may find large diamonds.

BC: They need to find the whole spectrum of diamonds. So far the samples they’ve taken have been mostly micro diamonds. It wasn’t a big enough sample to evaluate the diamond size distribution. Now they’ve taken large enough samples that if they have indications that the diamond size range goes up into the larger sizes, this is potentially a diamond mine. This is the sort of thing that BHP or DeBeers would be looking at."

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