Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: russet who wrote (254)	10/29/2002 7:36:55 AM
From: m.philli	Read Replies (2) of 16206

Thanks for the info guys. Wow. Russett I`m impressed. When values are given such as 100 a caret what are the minimum sizes that figure in these estimates? Is it .5 mm or larger/smaller? On an operating mine how small will they go? Do they collect smaller and ship it off for sandpaper? What I `m interested in understanding is the Hadley "King Eider" drill core results. They ran the complete core not just "hot intersects". 5 metres to 100 metres (some results still pending) They stated the cutoff was 0.10 mm. There were not many diamonds but the largest (so far) was over 1 mm x3. Of these, where can my head say. OKAY, in a operating mine what counts. 0.10? 0.5? 1.0? Where does it get interesting? 0.25? (I know that has value) Guess I`m trying to ask: Where can we start counting millimetres diamonds as money if we want to use a valuation of say 100 a caret? (stumbling here but I think you see what I `m getting at)

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