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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Gord Bolton who wrote (4227)	6/9/2002 1:50:37 PM
From: Wise	Respond to of 39344

Doesn't it bother anyone about gold companies chasing diamonds? Seems to me to be a "rush de'jour". Value af diamonds are artificially high and are based on how many DeBeers put into the market and not on their rarity in nature. Gem quality emeralds and rubys are much rarer yet command lower prices. What happens when and if Debeers loses control of the market or worse, dumps a large number into the market to crush the mining companies without contracts with DeBeers? I think diamond prospecting is ok as a bonus but shouldn't take away from the gold. Just a few thoughts.

To: Gord Bolton who wrote (4227)	6/9/2002 3:09:04 PM
From: russwinter	Read Replies (1) \| Respond to of 39344

I've read over all the John Kaiser stuff and have looked at the group. SGF and MAJ kind of intrigues me, but I think I will buy the premier exploration name ACA at this cheap two buck level. It's out of favor price action reminds me of our purchase of SUF below three bucks late last year. Fully diluted market cap is only US$78 million (and would be nicely cashed up), they have six kimberlites with the count rising, and are advancing their work steadily. Also RTZ owns 64% of the shares and at some point won't leave the stub.

To: Gord Bolton who wrote (4227)	6/10/2002 10:35:13 PM
From: Gord Bolton	Respond to of 39344

Newfoundland to announce deal tomorrow with Inco on Voisey Bay nickel mine. finance.yahoo.com South Voisey Bay juniors to benefit. Falconbridge will be drilling soon on SVB JV. Keep an eye on V.DML, V.CMD, V.NAI, V.CYP, V.PLM V.DML has been getting plenty of promo already. finance.yahoo.com Old news release. This is what they will be tracking down. Major General recently spun off it's diamond interests and reorganized and consolodated into V.CMD Commander Resources and Diamonds North. Message 2468561