Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: teevee who wrote (1960)	2/19/1999 9:11:00 PM
From: George J. Tromp	Read Replies (1) \| Respond to of 2251

Yes that is true, they have a website linked to my site, for those interested. Just a brief summary, one of their claim blocks is contiguous to Namibian Minerals Luderholtz Bay concessions, which the company claims holds around 900,000 carats. Judging by the success of Namibian, in attaining 150,000 carats production in less than 10months, I would say, DFI block holds some merit. Costs appear to be around 20mil per start up vessel for retrofiting, leasing, royalties, and taxes. The various other concessions are in various stages of testing. A review of their site seems to indicate the speed of development of their claim blocks is probably dependent on the availability of DeBeers testing vessels, which are under contract to DFI., but as well scheduled by DeBeers. Interesting properties however and in time will probably produce some diamonds. Gem quality running 98% on Namibians concessions, would appear to offer DFI some good diamond quality, in the neighborhood of 140US per carat. The stone size on DFI tested areas appear close to Namcos as well, averaging around .34 carats to .38 carats Sincerely George J. Tromp Here is the site for those interested diamondfields.com