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Gold/Mining/Energy : Precious and Base Metal Investing

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To: jrhana who wrote (11179)	5/21/2003 1:35:54 AM
From: jrhana	Read Replies (4) of 39344

OT (perhaps) EC on Canadian Diamonds The following is from am EMail* from senor Eric Charters, it caught my eye and is posted with his express permission: <Those investors who do not follow diamonds in Canada should turn a page and find out what they can. There are so many advanced diamond plays in Canada right now, and so many pre-feasibility situations from the Arctic to Ontario, that it is obvious we are headed to be the world's No. 1 producer. This alone should make one sit up and take notice. We have been the saying this was a likelihood since 1993 when Diamet found its first 89 diamonds in core. From our knowledge of kimberlites, we could see it was a smoke-fire situation. The geological genie was out of the bottle. There were many more to come. And this was despite the Australian experience, which despite the massively rich Argyle, has been anomalously unsuccessful since. Botswana with its giant Orapa mine, high prospectivity and ease of finding kimberlite, has far less potential than Canada. Canada is probably the most diamond-blessed land on the planet. Few people seemed to realize it, but some of our pipes in the territories had more gem diamonds per ton by common single figure multiples, than the average South African mine had diamonds in toto. The average SA mine is about 0.19 Carats per tonne metric. Some of our mines in Canada are 3.0 Carats per tonne. That is a multiple of 15 times the grade. They are not 1/15 the size, although they are smaller on average.> I have been posting about NEM.V some here because I believe it may appeal to some of the same speculative type interest that most of us here have. There are two threads (apparently redundant) but both deal with the super mini-diamond plays: Message 18806179 So if one of you super organized types wants to create an NEM.V thread perhaps we could discuss the company over there. I believe it will be a hot stock in the fairly near future. The markets' reaction today was a little confused and subdued today but that could change quickly. * I have been receiving his Email service (for lack of a better) which he has been kind enough to provide gratis (at least for now)

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