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Gold/Mining/Energy : De Beers: DBRSY -- Ignore unavailable to you. Want to Upgrade?


To: average joe who wrote (9)9/22/1998 9:41:00 PM
From: Lonnie  Read Replies (2) | Respond to of 87
 
Hi again Joe.

If DeBeers are looking intensely for diamonds then why no drilling planned for KRT right now? Also what ever happened to all the great potential that Gerle Gold supposedly had? I haven't kept up with them for a year or two since they just floundered around doing about the same as KRT....nothing.
If John Kaiser was right about Gerle Gold having the huge number of indicator minerals and if KRT really had the great potential that we all heard about 2 years ago why aren't Monopros funding both of these properties to drill like crazy and fill those empty vaults then?
IMO if DeBeers really wanted them to be found they would be found.
As in the book did you not think it curious that DeBeers never had an exploration branch. It appears that only when Canadians and other countries around the world,(the ones with the less corrupt politicians) started to find diamonds, that Monopros moved an office out here.
I found this awfully strange....but it made perfect sense to me after reading the book.
In keeping with DeBeers style and to control their diamond cartel the only way they can contain the little guys is to JV with them and effectively slow everything down to a grind or outright standstill.
All JMO and as always I reserve the right to be wrong.
Lonnie.