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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?

To: Jesse who wrote (2912)	11/20/1997 6:43:00 PM
From: Jesse	Read Replies (1) \| Respond to of 7966

Here are some great comparative figures & info, including pipes, market caps, effects of sample size, diamond market, etc ... For example: "LARGER SAMPLE, HIGHER VALUE PER CARAT" The apparent value of a kimberlite in dollars per tonne increases sharply with increasing bulk sample size. The larger rare, high value diamonds are randomly distributed and will be recovered the larger the sample taken. A very rich kimberlite could be reported as uneconomic merely by valuing the diamonds recovered too soon. ----------- All at: mountainprovince.com ----------- Also there- "CAPITALIZATION COMPARISONS Dia Met (29%)-BHP (51%) - 6 economic pipes (?) - ~130 million tonnes - approximately 25 % gem quality - market valuation for 100% - approximately US$ 1.7 billion Aber (40%)-Kennecott (60%) - 4 economic pipes (?)- ~ 5 to 15 million tonnes each - 25% - 30% gem quality - market valuation for 100% - approximately US$ 1.4 billion Mountain Province (50%)-Glenmore Highlands (40%)-Camphor Ventures (10%) - 2 economic pipes(?) - ~20+ million tonnes - need tonnage of 40 - 50 million tonnes - market valuation for 100% - approximately US$ 250 million " ----- Also: "DIAMOND MINE FACTS - Diamond mines can be hugely profitable - Diamond-bearing kimberlites are rare and economic pipes extremely rare; only two new diamond mines have been started in past 10 years - Value per carat increases typically 40-50 percent between exploration results and mine production (due to large stones) - Kimberlite pipes have never been found in isolation - Fancy colored diamonds fetch high premiums - The CSO will very likely maintain stable-rising rough diamond prices" -------------- [This is how Hillier described the "coloured stones" as cited in the last PR, to Kaiser] ->My Comment. _____________________________ Again, all found here: mountainprovince.com :>