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 : Twin Mining (formerly Twin-Gold) -- Ignore unavailable to you. Want to Upgrade?


To: Letmebe Frank who wrote (374)3/20/2002 10:24:49 PM
From: WillP  Read Replies (1) | Respond to of 613
 
Actually, I didn't quite say it would be difficult to
attain $75 (U.S.) per tonne. I said it would, if the grade
was low. If the sample turned out to have a 0.5 carat per
tonne grade, then you only need $150 (U.S.) per carat.
That's certainly not unrealistic.


Yes, those are my words, but some clarification may be in order. That was one of a number of paragraphs talking about diamond value, as I recall. The sentence, "That's certainly not unrealistic," refers to a value of $150 per carat, not a grade of 0.5 carat per tonne.

Should the current Twin sample achieve a grade of 0.5 carat per tonne, I would be pleasantly surprised, if not shocked. If I had to deviate from a 0.2 carat per tonne guess at this stage, my senses tell me to go somewhat lower.

If the stone quality lives up to billing, and the coarse sizes are there, I have no concern over $150 per carat, however, or even a bit more, assuming they don't include shrapnel to bump up the grade -- say a 1.2 or 1.5-millimetre minimum cutoff.

But, like the rest of you, I'm watching and waiting...



To: Letmebe Frank who wrote (374)3/21/2002 3:12:37 PM
From: VAUGHN  Read Replies (1) | Respond to of 613
 
Hello Letmebe Frank

Your welcome.

Here is a graphic that may help:
agc.bio.ns.ca

Regarding your comments:
So a deep mohorivicic discontinuity over a large area would define a craton?

No, but it would be consistent with a craton. I believe jpthoma1 gave you a good definition of a craton in his post (358)

Archaean craton, is continental crust older than 2.5 billion years in age.

Archaean cratons have relatively cool lithospheric roots in which there exists a downward deflection of isotherms and a corresponding upward deflection of the diamond stability field.

This region of high pressure and relatively low temperature (less than about 1200 o C) provides a “window“ in which diamonds can form and be preserved.


See:
geology.iastate.edu

litho.ucalgary.ca

You may also find this discussion of interest/relevant:
litho.ucalgary.ca

On a separate but related note, see discussion of Archean geotherms under RESULTS AND CONCLUSIONS:
es.mq.edu.au

The last URL goes to my comments regarding Sommerset Island kimberlite geotherms. Whether JI kimberlites have the same or lower geotherms has yet to be reported. I asked Rothwilda to provide that data but she declined expressing concern that "it would give the competition a valuable insight that TWG was not prepared to give."

Hope the above addresses any questions.

Regards

Vaughn