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Gold/Mining/Energy : Winspear Resources
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To: average joe who wrote (15033)2/21/1999 11:22:00 AM
From: Gord Bolton   of 26850
 
Joe, can you imagine how totally pissed the diamond industry is going to be when they realize that you knew all along that it takes $2000.00 per tonne ore to make a mine and you didn't tell anybody until 1999. Why have you been holding out with this important information for so long. I guess you will be shorting the entire industry and I'll just bet that they are shaking in their collective boots waiting for the inevitable total wipeout of their stock values.
But wait--how can it be that some of these mines are actually profitable. I think that we had better call in the KGB to audit their books. This is obviously a world wide conspiracy going on here.

World Diamond Mine League -- Value U.S. $ per Metric Tonne*
Klipspringer M-1 Pipe (South Africa)----- 478
Aber-RTZ Diavik (Canada)----- 210
Jwaneng (Botswana)----- 139
Klipspringer Leopard (South Africa)----- 106
Udachnaya (Russia)------ 100
Dia Met-BHP Lac De Gras (Canada)----- 92
Venetia (South Africa)----- 78
Koidu Fissure (Sierra Leone)----- 63
Jubilee (Russia)----- 53
Letlhakane (Botswana)----- 50
Other fissure mines (South Africa)----- 48
Dancarl Fissure (South Africa)----- 45
Helam Fissure Mine (South Africa)----- 36
Aykhal (Russia)----- 35
Argyle (Australia)----- 32
Orapa (Botswana)----- 31
Finsch (South Africa)----- 31
Miba (D.R. of Congo)----- 31
Guaniamo Fissures (Venezuela)----- 25
Kimberley Mines (South Africa)----- 20
Premier (South Africa)----- 20
Koffiefontein (South Africa)----- 15
Namdeb (Namibia)----- 14
Williamson (Tanzania)----- 11
River Branch (Zimbabwe)----- 8
Kelsey Lake (U.S.A.)----- 6

*Best available estimates. Mostly after Terraconsult (Diamond International Jan/Feb 1996 and Jennings (1995)).
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