Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Rocket Red who wrote (512)	1/22/2003 10:15:46 PM
From: rdww	Read Replies (1) of 16206

DDN is nice - got results without the help from DB As discussed on the SH thd for GEM with Rocket- wawa stands apart from the rest because of it's infrastructure. It sits almost on top of the Trans Canada, has hydro in the area and a very experienced mining community that is good at exploration and mining. RIV mines and mills gold for about $15-17cdn per ton. Diamonds are less hassle to mill and uses water only (and minimal at that) and the deposits in wawa outcrop (unlike the KRT play). Check out Kimberly Mining in Aus - in the boonies, mining from surface and they started with 8cpht as thier grade. The real kicker in any dimaond play is the value of the stone - are they $50 US ? $100US or $150US per ct?

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