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


To: james flannigan who wrote (4813)11/24/2006 12:20:45 PM
From: WillP  Read Replies (1) | Respond to of 16206
 
SGF Well above GK? That is very misleading,you forgot to mention GK has ten times the grade 8 times the value per ton.Smoke screen approach? Come on Will... James

I said the diamond values modelled for the Fort a la Corne area were well above Gahcho Kue. They are.

Yes, the grades are about ten times higher at Gahcho Kue, and the rock value is about *five* times higher at Gahcho Kue. All those figures are in the public domain.

Recall as well that the estimated tonnages at Star and the three Orion pipes are in the billions, compared with 31 million at Gahcho Kue.

Shore also assures me its operating costs will be less than $10 per tonne, which would be about one-sixth what is predicted for Gahcho Kue. I have a hard time believing that, but it was likely one of those doctors that you swoon over that came up with the figure, so who am I to quibble. [grin]

Regards,

WillP