SRR Mercantile Inc. (SRA.V) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : SRR Mercantile Inc. (SRA.V)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Lister who wrote (42)	6/12/1998 2:00:00 PM
From: John Lister	Read Replies (1) of 105

SAPPHIRE is the celestial gemstone. It's hardness of 9 MOHS is second only to that of diamond. However, saphhire is "structurally' superior than diamonds - diamonds will chip. Sapphires have no "cleavage plane" that can be cut with one blow like diamonds. It has been the favourite gemstone of kings and royalties. Its supply is being exhausted and scarce. Australia is the largest producer and supplier of sapphires - about 75%. One of the largest producer in Australia announced that 1998 production will be halfed of 1997. Australia produce such poor quality sapphires that it does not matter at all. Furthermore, almost all of Australia's sapphire production end up in Thailand - the world's (sapphires and rubies) gemstones capital, for processing and cutting. Gem grade and high quality Sapphires (and rubies) come from Sri Lanka, Burma and Thailand. However, these sources are no longer producing enough and of the quality to meet the demands. Madagascar has the prospect to become an important supply source. The geology of Madagascar indicate this potential. Any geologist care to comment ? John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next