AEE vse (Antler Resources Ltd.) 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 : AEE vse (Antler Resources Ltd.)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kenith Lee who wrote (10)	12/27/1996 1:48:00 PM
From: George J. Tromp	of 27

Hi Ken: I seem to be chasing you around the threads.,,ha.,,ha. i will try to answer the question in the following manner. First an economic diamond mine can be extremely profitable in comparison to gold mining. Lots of variables influence production costs when comparing them. Some production costs worldwide average to out to 25.00/ton to 40.00/ton as evidenced in Botwanna. The profit margin in gold mining in general is not as high. So consequently the market will pay a premium for economic diamond discoveries, and probably gold too, but to a lesser extent. The strenght that Winspear and Antler have going forward is directly proportional to their 57 percent interest. Aber attained a market cap of 600,000 with the total play including Kennecot at 1 billion plus, with 40 percent interest. It is easy to see what may happen with Winspear with even half Abers sucess. Time will tell, and I sure plan seeing this one thru. George

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next