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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT -- Ignore unavailable to you. Want to Upgrade?


To: Valuepro who wrote (627)1/17/2002 9:32:03 PM
From: rdww  Respond to of 930
 
well said - investors are getting bored about micros and will soon start to salivate only when the macros found are over 1MM minimum - there are so many diamond 'pipes' being found that soon only big stuff will count for much - then investors will start to really look at the startup costs and infrastructure and realize that some of these plays are gonna spend a huge whack of dough in inhospitable terrain and these projects better have big ct's or investors will flock to those that can turn into a mine with smaller carats but minimal infrastrucure/startup and land dispute costs
but it is certainly gonna be an interesting year in canada for diamonds - boom away



To: Valuepro who wrote (627)1/18/2002 8:06:28 AM
From: Chas.  Read Replies (1) | Respond to of 930
 
Valuepro, thanks for the response, I hear what you are saying, however,for todays investment purposes we have to go with the evaluation tools that are the industries standards and the industry(Exploration) and the Market still put a premium on the Micro/Macro counts of the core samples, which determine if continued investigation (Bulk sampling) is required.
This will most certainly hold true for TWG as well as Ashton and others.
regards.......chuck