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

To: VAUGHN who wrote (2714)	3/16/2005 3:28:15 PM
From: WillP	Read Replies (1) \| Respond to of 16206

Hello Will, good to chat with you again. And you, as always. It's been too long. I took the MPV share total number off my Internet ticker so based on your suggestion, it doesn’t appear to be too accurate. I also took MPV’s 40% figure off the DB’s SnapShot news letter on the assumption they got their data correct. There's the 4% that Camphor owns, that would likely account for De Beers showing 40% in "other's" hands. I find the TSX site is the most up-to-date when it comes to shares outstanding. Regardless, I think we agree on the basic issue, market exuberance is out there to be tapped into on diamond plays given a little effort by management, and one would presume that release of DB’s FS would be the catalyst to allow MPV management to do their job in that regard, assuming that it is so inclined… That of course is another question? Yes, we agree that there is increasing exuberance to be tapped. We apparently agree on the importance and opportunity offered by a successful prefeasibility study. Hence, to sum up, we agree. On a separate matter, while the market certainly took notice of Monday’s MTX/CD NR, this thread appeared to give little to no attention except on the subject of the short term opportunity to cash out for the few who were that nimble and confident no additional news would catch them napping. No comment, yet. But soon. Real soon. [wink wink, nudge nudge] Regards, WillP

To: VAUGHN who wrote (2714)	3/16/2005 10:40:50 PM
From: Natedog	Respond to of 16206

Great post. Check this out. I took it off stockhouse a minute ago. Whats funny is that after a couple of months following this news letter I cancelled. (think it was last weds) Cancelled because it was just spam after spam. Just my luck that they now print this! Good thing someone else was watching. Our guest comment is by Stephen Hershoff, Managing Director of Pastor-Genève, Antwerp, Belgium, experts on colored diamonds ======================================================================== COMMENT: Canadian Diamond Riches. Dear A-Letter Reader: Intelligent mining investors looking to profit from the growing global demand for diamonds have focused their attention on Canadian diamond exploration. Canadian diamond production reached 11.2 million carats with a total value of US$1.3 billion in 2003, more than double the country's 2002 levels. Canada is ranked 6th in the world in diamond production. But more significantly, they are currently ranked 3rd in the world in diamond revenue because of a higher per carat value. It has also been reported that 3.1% of the 540 Kimberlites found in Canada prior to 2003 were worth mining. By comparison, only 0.7% of the 6395 Kimberlites found across the globe were worth mining. That means Canadian mines are four times more likely to be successful. This makes Canadian mines amongst the most profitable in the world. Bloomberg news reported that every $1 dollar of sales from the Ekati mine in the Northwest Territories results in 56 cents of profits! It has long been known that when a mining company discovers diamonds, their share price will grow significantly. However, investors have had difficulty investing in diamond companies because privately held DeBeers used to control over 80% of supply and new diamond discoveries in the 20th century were in areas of turmoil, such as Congo and Angola. But Canada offers investors the chance to profit from the enormous growth of diamond consumption, while enjoying the political and economic stability of an established democracy. One of the most talked about areas is the Attawipaskat region in Northern Ontario. DeBeers Canada and other exploration companies quietly have invested heavily in this region and to date have discovered 21 diamondiferous Kimberlite pipes. DeBeers main project is the Victor pipe, which is set to begin production in 2008 and will have an estimated annual production of 600,000 carats of "high value diamonds" and a value of more than $1 billion dollars. Another notable investor in the area is Charles Fipke, who is famous for discovering the Ekati mine. Mr. Fipke believes the Attawapiskat region has as much potential as the Northwest Territories. Considering Canada's Northwest Territories produces almost 10% of the world diamond supply and some of the highest quality diamonds anywhere, the untapped potential of the Attawapiskat region is still within reach of astute mining investors looking to get in on the ground floor. The Attawapiskat region lies on the Eastern Canada shield, which has recently seen a surge in exploration. The geology indicates strong potential for diamond discovery based on the presence of an archaen craton, which is a thick and cool lithosphere. There are also well developed, deep structures favorable for the ascent of kimberlite magma. These conditions are ideal for large-scale mining operations and high quality diamond deposits. Investors who act now may jointly own a part of what is rapidly becoming the main source of diamond supply in the 21st century and reap the benefits of the vast wealth created from diamond mining. Stephen Hershoff, Managing Director Pastor-Genève B.V.B.A. Brusselstraat 51, B-2018 Antwerpen, Belgium Tel: + (0) 32 3 244 1871 Fax: + (0) 32 3 244 1873 Web site: pastor-geneve.com E-mail: admin@pastor-geneve.com ======================================================================== COMMENT LINKS: * Diamonds: Adding luster to the Canadian economy. LINK: statcan.ca * The Victor Project: Fact Sheet. LINK: debeerscanada.com * Ekati Earnings to Fall to "Historic Levels" LINK: diamonds.net