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Gold/Mining/Energy : Winspear Resources

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To: mineman who wrote (12796)	1/20/1999 2:59:00 PM
From: Walt	Read Replies (1) of 26850

Good Lord, you make up a bunch of numbers and then ask for an explaination!!!!!!!!!!! Without the three big stones the other diamonds averaged $84 US a carat so all your small numbers are way off. There are over 2000 different classes of diamonds based on the four Cs colour, clarity, carat size, and cut. so you could have ten ten carat diamonds and the value per carat for each diamond could vary from a few dollars to hundreds. One ten carat diamond may have great colour clarity and size but it shaped so that when they cut it they lose 50% of the diamond, the next could be less in colour, clarity etc but when they cut it they only loose 15% of the stone. THAT IS WHY IT TAKES EXPERTS TO GRADE DIAMONDS> You could have a 6 carat diamond that is twice the value of a ten carat, it could be three or four times the value. Value in diamonds is a tricky proposal which is why they have two or three apraisals of a packet. I suggest you get a book on diamonds and do some reading. It is the same with all gem stones. regards Walt

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