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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?


To: Chas. who wrote (953)6/11/2003 11:23:25 AM
From: E. Charters  Read Replies (1) | Respond to of 16207
 
Wildcat could have done it. We had the discovery ground in Wawa and the idea to stake in James Bay. We could not get the money. We got ripped off for our info. Once that is done, they hire other experts to make it look like they knew all along. The key is money. You have to burn about 2 million a year in explo to make it.

VanderSande was a former honcho who used to work for DeBeers. He does not count as a little guy really.

Brummer, Helmsteadt, and those other professors at U of T who commented diamonds since the 70's were borne in South Africa. Their independence has been questioned. Much of the DeBeers cratonic theories were political geology. The Russians booted the South Africans out of Russia in the 1970's and did their own thing. They formed their own theories. The found that much of what the South Africans said did not match what they saw. I talked to Ghanain geologists who said the same thing, DeBeers looks at your stuff and denies denies denies. But they get starving geos to repeat it. They paid large Canadian companies like Superior Oil, Aquitaine, Noranda, Lac and others to hand them all their diamond stuff, drill kimberlites for them and not talk. They did this for 20 years or more. Noranda geologist and Hudson Bay geologists tell me that they drilled kimberlites for DeBeers in Manitoba and Ville Marie in the 70's. Hudson Bay geologists told me that DeBeers had hit 3 economic kimberlites in Canada while drilling between 1968 and 1987. We know the Victor is one. I may know where the others are.

Mitchell is independent but was a DeBeers/Cominco consultant for 25 years.

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