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Gold/Mining/Energy : Paramount Ventures & Finance -- Ignore unavailable to you. Want to Upgrade?

To: Yorikke who wrote (3539)	12/9/1999 10:29:00 AM
From: Diamond Daze	Read Replies (1) \| Respond to of 4884

Well , need to point out that they have not ramped up production yet. I dont expect 100 meters a day to be what they do, I think that is what they are doing with 1 rover and a couple of guys. I also believe you got a taste of what the diamonds values are but get ready to get rockesd with the first sales...I am just speculating here but I would say averages may be 250 to 400 dollars with the colored stones and the sizes. They forgot to mention that wonderful yellow metal that goes for about 300 per oz that is being recoverd. Speculation has it that the gold alone may pay for the mining process...If they can ramp up production to 350 meters per day this could produce and the values come in 250 avearge then we are talking about 43,750 US per day. That is not a stretch to ramp production up to that type of level at all....I think we are going to get a huge surprise at valuations...I dont care if they didnt mention too much on the colored stones the fact that they have at least two can really impact what the values are....DD