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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!
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To: Steven R. Michaud who wrote (4244)8/19/1999 1:02:00 AM
From: average joe  Read Replies (3) of 5206
 
Look at the history before KRT and DeBeers came along.

1) Initial diamond recovery was higher for Uranerz and
Cameco than it was later in the JV history for the
four parties.

2) Large diamond had to have been recovered and not reported.
Too much tonnage was taken from diamondiferous pipes for
large stones not to have shown up somewhere.

Ten years or fifty years in this instance is not a long time
when you consider the resource will produces diamond for 200
years. This is the largest insitu resource of kimberlite in
the world. I think it going sideways is more power struggle
than geology.

average joe
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