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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?

To: D.R.A. who wrote (18133)	4/12/1999 1:03:00 PM
From: teevee	Respond to of 26850

D.R.A. It's been a while.....What would happen if a 100 carat stone came up, and if it was clear? Well, first, it would probably be worth at least about $6,000.00 a carat so that is $600,000.00 dollars. Assuming that the bulk is exactly 6000 tonnes, that means that a single diamond like that could by itself represent $100 per tonne value of the total value. If a 100 carat stone is found and announced before valuations.....the tape will tell us all as to what the quality is...you will not have to wait for valuations for a large increase in share price if a diamond of that size looks good.... regards, teevee

To: D.R.A. who wrote (18133)	4/12/1999 1:19:00 PM
From: average joe	Read Replies (2) \| Respond to of 26850

It costs a lot of money to buy a 100 carat stone, maybe a bunch of 1 to 5 carats to throw in the mix, but not a 100!!! average joe