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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: peter matson who wrote (7306)7/22/1998 9:35:00 AM
From: E. Charters  Read Replies (2) | Respond to of 26850
 
Well I hate to burst anyone's bubble but the Russian industrial diamonds are clear with no inclusions. They are the preferred diamond for drill bits as their perfection allows them to last longer than any other. The new standard in industrial diamonds allows bits to last much longer than they did 20 years ago. They can be detected as industrial IF they are analysed for cobalt and other elements which an appraiser is not going to do. All he looks at is quality optically.
Southernera thought they had large yellow diamonds in their core a while back. The consultant Lakefield put a high value on the stones. They turned out to be drill bit diamonds. This happened.

In all I have suggested which was a caution to the wild eyed in this business I have never once suggested who may have tried to salt this one if they did. It would be childish to say I did and to speculate who may have. But I do not 100% trust this new diamond facility in Yellowknife. Not yet.

I have been 20 years in this business and I have seen scam after scam after scam. I expect them now. There are damn few honest people in the mine promotion business. Damn few.

EC<:-}