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

To: George J. Tromp who wrote (679)	3/9/1998 7:33:00 PM
From: Tomato	Read Replies (1) \| Respond to of 2251

George, Did you check out Winspear post # 5389 ? Either my arithmetic is way off, or something seems haywire with that $50 million per meter figure. As I understand it, the dyke/sill/pancake (shall we dub it the Aunt Jemima Pancake?) is about 1000 meters long and open at length. 1000 times $50,000,000 is $50 billion, is it not? Diavik is worth what, about $9 billion in situ? DiaMet's pipes are worth around $9 billion in situ (correct me if I'm wrong). is RT saying that Aunt Jemima is worth more than 5 times either of those? $50 bil divided by 37,250,000 shares comes out to around $912/share. Take off a few bucks a share for excavation costs, etc. and you still have $900/share. Think the dude who posted that $50 million/meter figure was like the bad WWII US pilot who got his Zeros in the wrong place. Let me know if I'm way off or RT is way off or the poster got his numbers wrong. TIA.