SI
SI
discoversearch

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 : Paramount Ventures & Finance -- Ignore unavailable to you. Want to Upgrade?


To: 1st.mate who wrote (4286)5/8/2000 5:15:00 PM
From: russet  Read Replies (1) | Respond to of 4884
 
<<and the river is touted to be .7 to 1 carat/m3 @$275 including color!>>

This is a big speculation on this property. Historical references of production say this,...but the garempios who were the historical miners knew where to look to find the best grades. To say all the river bed gravels have this grade is a real stretch,...but seems to be implied by PVF NR's,...however a careful read shows they are not saying their gravels have that grade necessarily. A lot of exploratory sampling through the gravels would have to be done to verify this grade. Diamonds settle behind big rocks, and tend to settle at the bottom of gravels (being denser and slippery enough to work their way there),...thick gravels don't imply a great deal, because the bottom layers usually have the majority of the diamonds in them.

One should contrast the PVF operation, with the exploratory work done by SUF in Brazil. SUF will likely spend years scouting their property for gravel beds, mapping them, testing and measuring them before making a production decision. PVF's quick production testing method may pan out (ggggggggg) in the long run,...who knows. Could be next week ;-)))))