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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: TrueScouse who wrote (602)	9/26/2005 11:01:49 AM
From: seventh_son	Respond to of 78418

Looks like a good time to buy too, Howy. The last two days, someone sold a small amount almost at the close to knock the price down. From the latest ruby discovery, open in three directions, TGX dug out 100 kg of rock and got more than 500g of gem quality ruby -- what looks like the best quality yet discovered in Greenland. That is more than a pound of gems, and these rubies I expect will end up being worth much more by weight than gold just at wholesale level, and probably many times that when placed in jewellery and branded as unique origin. (Total market cap for an advanced stage emerald property, sapphire properties containing world class sapphires, and extensive high concentration ruby properties in Greenland -- a bit more than $10 million US -- cheap or what?). This is the renaissance of the far north, particularly in Greenland. The ice is melting and land mass is warming up faster than anywhere else on the planet, at an ever-accelerating rate, tourism is opening up, cruise ships are frequenting the ports... lots of opportunity for jewellery sales from this mysterious new frontier. Here's a picture again of that 200 carat part gem, part near-gem ruby crystal (not part of the 530 g of gem quality they quickly recovered from the same area). truenorthgems.com