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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited
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To: The Fix who wrote (956)6/23/1998 7:28:00 PM
From: VAUGHN  Read Replies (1) of 2251
 
Hello Fix

Obviously the average carrat size is exceptional and this is consistent with dyke deposits around the world especially if the source is eclogitic. The valuations are very exciting but I am curious that WSP would leave out the names of the actual evaluators.

Never the less, all WSP shareholders now have modest hope of recovering their investment if, and of course there has to be one of these, the tonnage can be established. I am not optimistic about the length of the dyke providing the tonnage therefore I would suggest that you put your hope in the depth.

I am not a mine development expert, but one did suggest to me that the shallow dip of the fissure make development challenging if not difficult. However, I can not speak knowledgeably about this and will suggest that someone like 1king or Terrance Mitchell's opinion be sought. (Donner thread).

Bottom line remains amount of ore vs cost of mine/plant development? I can not believe WSP would truck ore all the way to Lac de Gras and the more likely option would be to MPV 90 km +/- east or better yet, if SUF finally find their pipe(s) and develop a mine. Distance is much closer and facilities and resources can be pooled.

Good Luck

Regards
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