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Gold/Mining/Energy : Mountain Pronvince Diamonds -- Ignore unavailable to you. Want to Upgrade?


To: Chas. who wrote (6)5/25/2004 7:03:27 AM
From: james flannigan  Read Replies (1) | Respond to of 10
 
Chuck,if you go to Debeers webb site,the deposit is almost exact at Snap as KL, Snap= 22mt grading 1.5ct pt $80 pct.Remember 40%undergound waste rock has lowered the grade at Snap.KL 22.8mt grading 1.67 ctpt $70 prct.Kl also has indicated an extra 8mts more ore for a tl of over 30mts.In fact using the figures made public by Debeers discribing both deposits,IMO kl will give a better IRR than Snap.As for Randy Turner he made out like a bandit,and did a good job when you concider the market conditions at that time.However if RT could have taken WSP to production shareholders may have had a $25.00 stock rather than a $5.00 stock. Have a great day James