SI
SI
discoversearch

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 : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?


To: Lilian Debray who wrote (1525)4/3/1998 10:26:00 PM
From: Joe Boster  Read Replies (1) | Respond to of 5206
 
Lilian & Buddy;

Thank you for your informative replies. My interest in diamond mining started when diamonds were discovered in the Northwest Territories and my involvement have grown considerably since then. I now own KRT, Aber, GDRS, Rex and SouthernEra shares.

I am a little bit disappointed in KRT as it seems that they are moving very slow.

"actually more than 250 tonnes in total has been drilled to date but i don't know how much exactly".

Isn't this very small seeing that they have one of the worlds largest deposits and are partners with the worlds largest diamond mining company?

Yesterday there was an interesting article in the Toronto Globe & Mail by Eric Reguly (Market Watch) that makes it pretty clear what investors should be looking for.

"In all cases, analysts and diamond experts recommend that investors try to learn what percentage of the mine's output is expected to be large (that is greater than two-thirds of a carat), high quality stones. Diamonds fitting this description have been climbing in value since 1990, while the smaller ones seem to have lost the CSO's loving attention and are going in the opposite direction."

So, what percentage of Fort a la Corne's diamonds will fit this description?

Thank you;
Joe.