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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?

To: Chad Barrett who wrote (2407)	7/31/1998 4:56:00 PM
From: average joe	Read Replies (2) \| Respond to of 5206

Thanks for your post Chad - the only diamonds that make mining them economic are the big center pieces. The small gem, near gem and industrial are sold cheaply to foreign cutters, mostly in India for cheap jewelry. The larger diamonds are still in big demand as investments. Just think of the value of a small safety deposit box full of 20 to 100 carat stones! FALC has produced not one large diamond in ten years of exploration, not even one fluke occurence has happened during that long length of time. Not by any of the majors or any of the juniors - it just ain't there. over and out - aj