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

To: Letmebe Frank who wrote (16106)	5/19/2022 12:32:28 PM
From: Breccia	Read Replies (2) \| Respond to of 16203

The artificial stones are extremely nice; my daughter has an engagement ring with a very nice large diamond which would be totally outrageously expensive if it was natural. The most interesting thing is that DeBeers has a big factory in Portland Oregon growing artificial diamonds and they sell them into the market. While I originally thought it took a while for these things to be grown apparently they can be grown relatively quickly. DeBeers marketing of the natural diamonds is based on selling "natural" as an important phenomenon and they are very successful marketeers. In the end I don't think it will be either or, both will find a place in the marketplace and their own niche, but the natural mines that find the bigger diamonds will obviously do better while the lower grade mines will likely falter.

To: Letmebe Frank who wrote (16106)	5/22/2022 9:45:11 AM
From: Natedog	Respond to of 16203

Possibly. For the few. Go into any of your local malls and still see the cases full of real stones. Especially the lower end stuff. The diamond exploration cycle ended the Diamond play cafe combined with a failure of mines in Canada. Snap Lake, jericho, renard, and nearly Fort Cone, Victor no expansion into tango, U2 bulk stopped by locals that had a real chance at a mine and subsequent asset sale, Chidliak low ball and off market, and the 15 years of suffering for everyone else. MPV and LUC have been the winners and just look at their share prices and the suffering along the way.