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Gold/Mining/Energy : Winspear Resources
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To: teevee who wrote (21845)6/24/1999 6:15:00 PM
From: Cutz  Read Replies (2) of 26850
 
teevee;

Remember that the stones were evaluated by seven independent evaluators throughout the world. One of the issues that nobody has addressed is the morphology/clarity/colour of the crystals that some people have clearly been able to view.
Some stones have better yields on polishing according to their shape. These evaluators will have spread the word of what the stones are like by now. If the stones are the desirable type, as far as manufacturers go, it would be an incredible reserve which fits the bill of a "DeBeers starved" cutting/polishing industry. This reasoning brings forth the question as to whether DeBeers can allow these stones to reach market and form another competitive source of much needed rough. If this is the case it makes WSP a very interesting investment for anyone who has knowledge of the current status of the world diamond cutting industry.

What I am saying is: The ultimate potential value of WSP stock is very much a function not only of geology (i.e. reserves, $/tonne, $/ct.) but also a function of the marketability of the type of diamonds (i.e. shape, clarity, colour, and current market availability to world diamond cutting operations). There will undoubtedly be a rush to purchase WSP stock by anyone who realizes that they have not only a great diamond deposit but a DEPOSIT OF GREAT DIAMONDS!!!
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