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Gold/Mining/Energy : ABER RESOURCES -- Ignore unavailable to you. Want to Upgrade?


To: teevee who wrote (1243)4/5/1999 1:26:00 PM
From: Bob Fairchild  Respond to of 2006
 
1.)Ashton has no problem selling their "Indian goods" as there
always remains a market for lower quality diamonds (some people
buy their wives diamonds from Walmart because they can't afford
Tiffany's)
The larger gem quality diamonds are in minority compared to these
Indian goods but form the major part of $/ton. The fact is Aber
will be able to market the good the bad and the ugly !

2.)I don't believe the turbidity problem was really that much
of a problem to some community 400 km away that was used to
drinking silt and sea salt with their drinking water. The
use of crushed rock would appear to be politically motivated to
keep everyone happy.

3.)If the supply of fuel is a logistical problem for Aber, what makes
you think it won't be for Winspear ? If they can send a man to
the moon or build a road into Jean Chretien's cottage they can
get the infrastructure in place for a multi billion dollar project
of this scale. The Northwest Territories have room for the
economic spinoffs from more than one mine and this will not stop
develop but encourage it.

4.)I bought my Aber at $7.00 and $7.05 so I guess I made less of a
mistake than Franco Nevada. I guess we will see heads roll there
too !

5.)Last I checked, they had 32% or is DeBeers buying the 16% Winspear
thinks is their winfall ? Even at 16% if you truley believe what
will transpire with Winspear's share price, Aber is still a bargoon
at $10.00 per share.

regards,
Bob



To: teevee who wrote (1243)4/5/1999 4:01:00 PM
From: jack hampton  Respond to of 2006
 
Hey teevee,

Funny thing with those cofferdams. The inspiration for them comes from Rabbit Lake in Northern Saskatchewan. The dams themselves didn't leak much but the shore that they notched into leaked like a sieve. The groundwater made operations difficult. Everyone is so worried about the lake water they forget about the existing groundwater table.