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


To: VAUGHN who wrote (2454)2/7/2005 6:49:39 PM
From: Paul Bilecki  Respond to of 16215
 
DSP NEWS...UNCONFIRMED,,JUST SENT TO ME BY EMAIL..DID ANYONE ELSE GET IT, COULD BE A FAKE..
JUST STAKED ANOTHER 20 CLAIMS...SOME UP TO 500 METRES...LAST YEARS RESULTS INCONCLUSIVE,,,BUT THEY STAKED 20 ADDITIONAL CLAIMS, GOT TO LOVE IT....GOT TO LOVE IT...DRILLING IN APRIL...MAJOR DRILL PROGRAM......MAJOR DRILL PROGRAM....
YA BABY, TAKE ME TO THE ALTER WITH THOSE DIAMONDS..

THE GREAT DRUNKEN BILECKI



To: VAUGHN who wrote (2454)2/7/2005 8:29:43 PM
From: Famularo  Respond to of 16215
 
At some point, the practical numbers are going to pull the rug out from under SGF shareholders.

As a foot note, I would be very surprised if SGF gets $125/c run of mine grade. I may end up eating my words, but I'd be willing to make a modest bet that the grade comes in no better than around $40/c and very probably lower than that.


Hi- Hope you are wrong. In this industry, you never know...In Vancouver, the buzz rumour was $125.00 ... Some are speculating valuations to $200.00... I'm not in the same camp, and may also be proven wrong... If $125.00 is not the number, I hope it's not much lower. It will kill the diamond spec cycle and send everyone back to hibernation. With the increase of rough diamond prices, (I think approx 15% in the past few years) plus expected rise forecasted, Shore may make the cut.......Vaughn, $40.00? wow that is damm low and I don't think George be touting his stones, if he did not get a high level appraisal on some of the stones.... Frank



To: VAUGHN who wrote (2454)2/8/2005 7:58:00 AM
From: james flannigan  Read Replies (1) | Respond to of 16215
 
Vaughn, not wanting to rain on SGF investors,I think you are on the money on your comments.SGF is a huge risk at this price.I stayed away from this project as I think the grade is too low to make a mine.I remember the internet bubble when investors bought into the "new economy concept" that numbers did not matter.We all know how that ended.I see the same shaping up with SGF.Investors are buying the "diamond dream" without the numbers to support it.I amy prove to be wrong but I know risk when I see it.Bre-X taught me a good lesson when it lightened my wallet although SGF is not a Bre-X.If the numbers come in under the threshold,watch out below.SGF investors please take no offence.The opinion is of this writer and Iam no expert,just someone who has few investment losses under his belt James.