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

To: WillP who wrote (1732)	1/19/2004 8:39:35 PM
From: Letmebe Frank	Respond to of 16205

Hello again Will. There is some very good info in the Westwind report; specifically they mention a number of the 2004 budget numbers. DeBeers's is 30 mill. - impressive! I will try and summarize some of the figures into my spreadsheet. I wonder how they took 100 diamond exploration companies in Canada and got a short list of 10 that included Rhonda mining, Sudbury Contract, GGL & Majescor. They ruled out better picks for the top 10 because they weren't pure diamonds, like GEM and TWG. Not sure why SGF or even KRT didn't make the cut. I would say SWY is getting ahead of itself here, its market cap is getting out of line. But a lot of people are gambling on their land potential and management. It's got the kind of excitement that WSP had, back when I first got into it. Who knows, it may surprise me. After selling at 2.1, I missed my chance to get back in at 1.8. LMBF