Thanks for posting that Frank! What can I add? ;) I'm glad you've reigned in the misunderstood (but proportionately appropriate!) enthusiasm here. Folks need to realize that even an average grade of 30cpht ("carats per hundred tonne", or 0.3cpt) is excellent given the v. low extraction costs in Alberta (again, due to the accommodating logistical advantages that the AB environment offers). A grade of 30cpht can be viewed as the equivalent of up to 5 to 10 times that number in the NWT (proportionately), depending on stone values (which, as a bonus, is rumoured to be high in AB), etc. These ACA Alberta near-surface, open-pittable kimberlites offer very high profit potential -- it's feasible that anything over 15cpht is, economic. *This is my opinion, remember!*
Other factors, such as fancies (colored gem quality diamonds), larger stones (value increases factorially with gem size), and more, affect profits markedly-- to the positive.
Few actually are aware of this it seems, and Ashton would just as soon keep it that way until things are sewn up further.
Regards,
-j
:>
PS -- ACA smelling good this a.m.
PPS -- your comment re. going onto a major bulk sampling by ACAjv can be seen as a true indication of the economic viability |
