Inmates at the Gold Asylum Message Board

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Gold/Mining/Energy : Inmates at the Gold Asylum

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To: E. Charters who wrote ()	2/10/1997 5:41:00 AM
From: E. Charters	of 26

TABLE I. A COMPARISON OF FOUR CANADIAN DIAMOND COMPANIES COMPANY DIAMET* ABER* MTN. PROV KENSINGTON NWT NWT NWT SASK. (DMM.A&B) (ABZ) (MPV) (KRT) No of kimberlites 66 44 1 71 No. with diamonds - 12 1 54 Tonnes per kimberlite 4-60M 16-60M 20M 70M-1B Estimated mineable tons 139M 74M 20M 200M (1) Carats per tonne .33-4.19 2.2-4.5 2.5 .56-3.22(2) Average value per carat 26-130 57-64 30 44-184(3) Gross asset value 8.6B 15.4B 1.87B 17.6B Mining cost per tonne 30 60 30 11 (4) Total mining cost 4.17B 4.44B 600M 2.2B Net asset value 4.43B 10.96B 1.37B 15.4B Shares fully diluted (M) 28.5 37.9 29 30 % ownership 29% 40% 50% 25% Share price 20.10 19.15 4.05 1.35 Makes for interesting share price calculations.should a Junior with 5 million shares out get a substantial pipe with a net of 10 billion then we could expect a price of $200 to $500 per share? (Given 20 years to mine..)

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