To: Ann A List who wrote (5836 ) 7/29/1998 10:14:00 AM From: St. Barbara Respond to of 7966
<<...the grade thing is not as critical as you might think. Marginal costs are the key...>> No question that the cost/revenue relationship is key. But what we recognise is that the cost side is a 'known' (ie it can be estimated, at anytime with accuracy). The revenue side cannot be as easily predicted. Hence, our enthusiasm in this area. To others... Re: Our Frank - He could be the Kaiser himself, or farm hand living north of Oakville, or an mining analyst for an investment house, or a mental patient out on Long Island. Who cares? Just listen to what he and others say, and interpret there response according to your previous experiences listening to them. If you lose money, don't blame them, anymore than you would blame some stranger at the next table, if you overheard them passing a stock tip and you invested in it without further due diligence and lost money. This thread is starting to sound creepy, somewhat like other threads that have stocks that have crashed and burned. This stock doesn't even have engine trouble. The warning lights aren't even on. No bad P.R's, just a few 'status quo' P.R's. Several (not just one) significant diamondiferous pipes, with high tonnage potential, low overburden depth, AND IN ALBERTA!!! Not the Congo, not in permafrost!! And operated by highly respected Ashton. The stock dip is for reasons unrelated to the play, so don't panic. The fundamentals are still good. (We haven't gotten what I would call a negative PR in 8 months or more. The reports that 7 out of 23 pipes have no diamonds is not negative. Actually that ratio is amazing.) Naturally, we will want to continue to see positive results, similar to the last 18 months. This is still a good long term bet