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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA) -- Ignore unavailable to you. Want to Upgrade?


To: DIAMOND JIM who wrote (5153)5/21/1998 1:37:00 PM
From: Famularo  Read Replies (1) | Respond to of 7966
 
oops, I can't figure anything out without a calculator....<g>



To: DIAMOND JIM who wrote (5153)5/21/1998 4:36:00 PM
From: Blue  Read Replies (1) | Respond to of 7966
 
Jim,

Lots of the NWT results are 0.5mm mesh numbers.

Yes, but not MPV. Uses 1.0. We are talking about de Beers here.

You do realize the significance of my point that Monopros has already obtained a US dollar valuation per carat for the 5034 pipe and the Tuzo is likely to be comparable?

I say that Ashton needs this because without a valuation you have no precise idea about the quality of the diamonds or whether enough of them are big enough to be economic. Arguing about sizes of microdiamonds and speculating about Don Sheldon boasts about clear and colourless stones is pointless until you obtain a per carat valuation. We've heard they have a big yellow stone but I don't even know if that is a valuable diamond. Some yellow ones are, but I suppose some aren't.

Ashton's pipes either are economic, or they are not. Time will tell. I hope they are.

I suggest you follow MPV's joint venture with Monopros a little more closely.