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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?

To: John Stella who wrote (24)	12/29/1997 7:27:00 AM
From: George J. Tromp	Read Replies (1) \| Respond to of 2251

Thanks John., I will look into this one., do they have a website>? Nambia has been a source of rich deposits as well offshore. The shedding of diamonds eroded from sources in W. Africa is well documented. The only question I have is how does the market value alluvial sources whether dredged in paleochannels or dredged off shore.? Is there sufficient documentation as to the proven asset., and how does one extrapolate from estimating that if x carats/cu meter indicates that the deposit is spread evenly throughout the concession areas. There is obviously a discount involved with the source being alluvial vs. pipe configuration. In other words., wouldnt the market be more comfortable knowing an exact defined source which can be delineated set within a distinct geologic setting.? Without having done any homework on this one., it would seem quite appealing going forward., my question is how does the investor know whether he is overpaying for the asset. Are these sources valued in the same manner as placer gold deposits.? Without looking into this., it is probably a statistical basis which extrapolates the total value. Maybe these questions have already benn answered seeing DeBeers has an agreement. It does sound interesting. George