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


To: Salt'n'Peppa who wrote (1041)6/27/2003 9:14:04 PM
From: que seria  Respond to of 16205
 
I'm with you on Etruscan, S&P. I'm just waiting for the
chart to reach full ugliness before I add to my position. Perhaps an announcement about the dilution of EET's JV share in the SAF diamond operation, courtesy of "black empowerment," will be the trigger. Look for a spike down and back up, marking the low?

True that placer deposits get little respect compared to pipes, but seems to me that's rationally based upon a comparatively short life for the high grade gravel. (How well I remember my failure to sell SUF.TO at $20!). The key for EET is generating excess cash flow that will bridge any funding gap that would otherwise exist, and assure the largely non-dilutive advancement of their West African gold properties. More diamonds will be nice but unlike most plays discussed here, the stock can rise over the IT/LT no matter what happens on the diamond front. They are soon to have a gold mine, not just gold resources or reserves.



To: Salt'n'Peppa who wrote (1041)6/27/2003 9:31:35 PM
From: E. Charters  Respond to of 16205
 
No self respecting pimp would be caught dead wearing a 13.7 carat <font color=hotpink>fancy pink</font> diamond. Stone white's the only colour that's cool, man. Pink's for hood ornaments, chicks sweaters and lawn flamingos.

If you think placer diamonds in Africa gets no respect, you should try tailings gold in Ontario. You could be spitting out metal nugats the size of the Ritz and paying dividends to make Rockefeller blush and people would be looking at you like they had just stepped in a pile of you on the road, and it had flies on it.

EC<:-}