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Gold/Mining/Energy : Canabrava Diamond -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (854)	3/17/1999 9:44:00 AM
From: whisky	Read Replies (1) \| Respond to of 2402

Claude I follow Tiger and have for over a year. Good company, don't own any stock though. Argyle has excellent diamonds per ton, but they tend to be smaller diamonds with a lower value per carat. If I'm not mistaken most of the diamonds recovered from Australia are used for industrial purposes. The argyle pipe is a lamproite pipe so the mineral chemistry is a little more difficult to analyze compared to the traditional kimberlite pipe. Until Gurney and Moore came along lamporite pipes because of their different mineral chemistry were not understood and thus were not considered economically viable. Well they proved that wrong. So I will continue to follow Tiger to see how there exploration progresses. But if I'm not mistaken they are dealing with lamproite pipes, so I hope they have correctly analyzed the mineral chemistry. Because lamproite pipes have been shown to be very profitable if correctly interpreted.