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


To: austrieconomist who wrote (17284)8/20/2003 9:37:49 AM
From: E. Charters  Read Replies (4) | Respond to of 39344
 
You can always tell a phony story by the way its told. It has all this hyperbole in it, and oblique references to bioler room Nasdaq companies. Like anybody is that stupid that he would make 250 machines for making diamonds as if it would make him a huge profit, if he could make perfect diamonds that were indistinguishable from real diamonds. The General. Right. 12 million dollars worth of machines? Where did he get the money?

And anyone knows that yellow coloured diamonds are not valuable at all. Yellow is the lowest colour grade. It is called straw. And it ain't worth a pinch of coonshit.

Industrial diamonds have been made in Russia for decades, as they have here. The cost is not high and although quality is good they are easily distinguishable from gems. They are usually coloured red, which is a rare colour for natural diamond.

Gem diamonds by heat and pressure methods take about one week to make so that they have good quality. Cost is up there, much higher than mining.

There are processes for making diamonds at regular pressures, but high heat. The diamonds so made so far are fairly rough. They do not qualify as gems.

EC<:-}