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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)
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To: Famularo who wrote (3621)1/22/1998 11:11:00 PM
From: Jesse  Read Replies (2) of 7966
 
Hi Frank-- how'sa boy?! Have a gander at this write-up on the ever increasing value of fancy diamonds:

("ICE" pointed me in the direction of this site, on the MEO thread)

colored-diamonds.com
...One of the most interesting things about natural fancy colored blue, pink and yellow diamonds (as well as ultra-rare reds, greens and purples) is that they have never gone down in price since regular recording started in 1970! Some may have moved laterally during a heavy economic recession in major industrialized countries, but they have been impervious to down side pressure. No other tangible or traditional investment has ever performed like that over a period of 26 years! On average, natural fancy blue diamonds have doubled in price every 4-5 years from 1970 on, natural fancy pink diamonds have doubled every 5-6 years on average from 1970 on, and natural fancy yellow diamonds have doubled in price every 8-9 years from 1970 on.

See this page for graphical representations of fancy price increases:
colored-diamonds.com
(see Fancy Yellow) _-K6-_
-this is why all the coloured rock excitement.
--
----
- tomorrow should see some firming -
- we've got the Mining Investment Conf. this Sun/Mon in Vancouver...

S'long,
-j
:>
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