Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: James Seagrove who wrote (15932)	3/27/2019 11:41:33 PM
From: teevee	Read Replies (1) \| Respond to of 16203

The diamond mining game has maybe 5 years left, large mined and coloured stones will always be valuable, but not valuable enough to run large mining operations subsidized by smaller stones. The history of mining kimberlite pipes clearly indicates that it is pipes that contain very large diamonds that have been reliably profitable, regardless of average grade. For example, the Premier pipe average grade is reported at about 40 cpht, however, annual profits were made by just a few very large stones every year which represented a small fraction of 1% of total diamond carats recovered. The secret is to identify those pipes that have potential to host very large diamond regardless of average grade, and that clearly explains why Rio Tinto is spending $60 million to evaluate Fort a la Corne pipes.

To: James Seagrove who wrote (15932)	3/29/2019 1:40:48 PM
From: Diamond Daze	1 Recommendation Recommended By MadDogMike Respond to of 16203

For decades its been cheaper to produce rubies, emeralds and the list goes on. Yet those produced in nature are more valuable than those produced by man yet they are the same chemical composition. If there was no difference they would not be detectable...JMHO As long as there is a method to detect those gems that occur naturally and those that are man made then those created by Mother Earth will always be more valuable. You cant fool Mother Nature.