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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)

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To: Famularo who wrote (5062)5/8/1998 12:17:00 PM
From: ddl  Read Replies (1) of 7966
 
Frank and others, did you guys watch that documentary on ch 17 last night about precious stones.
Good view and should replay during daytime over the next few weeks so check the schedules.
They showed DeBeers and how they control the market. also showed their main "house" and ya shoulda seen the piles and piles and piles of diamonds they showed us.... buckets of em...wow... and also interesting was that there was a special "pink" fancy which was very rare and the only one at that buying time... they sell 10 times a year and guess what... on diamonds under 10.4 cts, there is NO dicking with the price..., those over are open for negotiations and at this time they only showed one fancy!!
They also showed Ashton's Carlin mine which is now the largest diamond producer in the world... and they sell to DeBeers, but it was mentioned that Ashton would like to break away from the cartel... I gues that's why they are hot and heavy in AB. - denis
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