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Gold/Mining/Energy : Caldara's Diamond CDR,M -- Ignore unavailable to you. Want to Upgrade?

To: Peter Bourgeois who wrote (213)	7/30/1998 9:56:00 AM
From: Peter Bourgeois	Read Replies (1) \| Respond to of 303

Hi all! It is very disturbing that Astro did not proceed with the JV, however I do not believe that the play is dead. Astro only completed half of their drilling in a very short period of time. I might point out that DeBeers with all of their expertise missed the big Diamond finds in the NWT. They also missed Klipspringer and the M1 pipes, this is after extensive prospecting in which they claimed that nothing of value was there. I believe that Astro only made a half hearted attempt. When one considers the amount of time and money that SUF is putting into prospecting the same area over several seasons, and still have not found the source of diamonds in grab samples, one has to conclude that finding Diamond pipes is not for the faint of heart. I am still going to hang in there at least until we hear what Caldara's plans are for the future. Cheers !!! Peter