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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: jrhana who wrote (1165)8/19/2003 3:32:44 PM
From: GC  Read Replies (1) of 16206
 
On power lunch they had the reporter that did the article in Wired mag , also they had a lady with a machine that could not tell the difference between a real diamond and a synthetic diamond.

Display of diamonds yellow's and etc

synthetic diamonds were going 50% less than the real thing

they couldn't tell the difference

a company in Florida and another one in Boston , and a third one are producing Synthetic diamonds

The market will be hot for these diamonds imo

also they had a CNBC poll 71% for synthetic versus 29% for the real thing , think they had 829 responses , still interesting though.

GE did the first synthetic diamond back in 1954 , and wasn't until new tech, from Russia in the 90's , that made the cost of synthetic diamonds , cheaper than the real diamonds.

I worked up at the Diavik mine , during the construction period, so I witness first hand , the production cost of the real stuff
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