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Gold/Mining/Energy : Winspear Diaminds (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (310)2/4/1999 6:35:00 PM
From: Gord Bolton  Read Replies (1) | Respond to of 1172
 
There are two possible explanations regarding more info on coloured stones.
1) there is no significant new info that has not already been reported.
2) There are indications that a lot of fancies will be found. THe value of the fancies is strictly in their rareity. If there are significant amounts of fancy coloured stones, then it would obviously be in the companies and the shareholders best interests to keep quiet and meter them out to the market very slowly. If they came out and said look we have truckloads of 1 carat pinks they might get less for the whole truckload than they would for a few.