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 : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (6132)	6/22/1998 12:43:00 PM
From: gg cox	Respond to of 26850

I will take the liberty of reposting one of George J's earlier posts so we can compare what Winspear has announced with other findings;I think we can agree that by comparison WSP's announcement looks mighty good! G.G. To: virginijus poshkus (574 ) From: George J. Tromp Friday, Apr 24 1998 8:48AM ET Reply # of 577 Hello Vargus: I have been fine., I came across some information which may be important when viewing the results from Rex and keeping these statistics in the back of ones mind going forward. LARGE DIAMOND MINES STATISTICS Jwaneng 1.35carats/ton gem quality 50% value per carat 110.00 Ore value per ton 148 Annual prod. 11.2mil carats Gross value 25.2Bil Equiv. Gold value at 325oz/ton ^^^^^^^^^^ 77.5mil oz. Orapa., Botswana .67carats/ton gem quality 15% value per carat 55.00 Ore value 37.00 per ton. Annual prod. 5.6mil cts. Gross value 3.7Bil dollars Equiv. Gold value at 325oz ^^^^^^^^^^^ 11.4mil oz. Venetia S.Africa 1.20 carats/ton gem quality 30%value per carat 80.00, Ore value 96.00 per ton. Annual prod. 5.O., Gross value 3.0 Bil., Equiv., Gold value., ^^^^^^^^^^^^^9.2mil oz Udachnaya., Russia 1.20 carats/ton gem quality 20% value per carat 100.00 Ore value 120.00 Annual prod. 11.8mil cts., Gross value 5.4Bil Equiv.Gold value^^^^^^^^^^^ 16.6mil oz. Yubileynaya., Russia .60carats/ton gem quality 15% value per carat 70.00. Ore value 42.00 per ton. Annual prod. .6mil tons Gross Value 4.1 Bil Equiv. Gold value ^^^^^^^^^^^^12.6mil oz. Diamet/BHP 1.09 carats/ton Gem quality 30%est. value per carat 84.00 Ore value 92.00 ton Annual prod. 3.0 mil carats Gross value 6.1Bil Equiv. Gold value^^^^^^^^^^^^^^^^^^ 19.0mil oz. Aber/RTZ 3.35 carats/ton Gem quality 15%est. value 50 to 60 Ore value over average of deposits 168 to 180.00 per ton. Annual prod. 8mil carats Gross value of 6.4 Bil Equiv. Gold^^^^^^^ 19.1.mil oz. What is evident in these numbers is the wide range of parameters that exist and varying combinations of gem quality., grade and tonnage all play interchanging roles in determining potential value. What is little known about the above deposits., is the percentages of large stone which comprise the bulk of the value of each of those deposits. Some interesting numbers., non the less. Sincerely George J. Tromp