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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?


To: Chas. who wrote (1521)10/29/1998 6:10:00 PM
From: Tomato  Read Replies (1) | Respond to of 2251
 
Is there some point with a diamond (or any deposit, for that matter)where the size of the deposit ceases to matter much. E.g. if Snap Lake has 100 mil. tonnes of uniform kimberlite (just making this up as I go), would the value of the stock/business be 10 times more than a 10 mil tonne deposit, or much less? And would there be a point where it wouldn't matter much how many more tonnes there were?

Also, George, are you sticking with your old target of $6 for WSP? Is that based on 3-5 mil tonnes or more?