Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (1036)	6/26/2003 11:08:55 PM
From: Letmebe Frank	Read Replies (3) \| Respond to of 16205

The Aber Diamond is put to SHAME!!! Eric, you must mean this: biz.yahoo.com "Ashton Mining of Canada Inc. ("Ashton"), is pleased to report that a diamond with exposed surfaces measuring approximately 8.8 x 8.2 x 4.8 mm has been found in drill core recovered from the Renard 65 kimberlitic body in north-central Quebec. ...Renard 65 has a surface area of approximately 1.5 hectares. " "...revealed when a sample of kimberlitic breccia was being prepared..." "The stone remains embedded in the core and its precise weight and overall dimensions have therefore not been determined. The measurements of the exposed surfaces suggest that the diamond has a minimum weight of four carats. The stone appears to be a colourless octahedral composite crystal." Eric, as you know I'm not qualified for the type of intelligent commentary you refer to, but I do know that this is very, very good news for Ashton, Quebec, and all of Fast Franks faithfulls (AKA ACA Shareholders). This is going to show what the "nugget effect" can do for market cap. I haven't looked at the chart, but my guess is a double from todays close. Singularity is the operative word though. And even if grade is improved to 1.5 ct/ton, the pipe is still small. Likely economic, but it won't make for a rich ACA shareholder. Aber diamond, for reference: [going to look for a picture of it, will edit if found] LMBF This will keep the chat alive for some time.