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

To: The Fix who wrote (19298)	5/11/1999 1:40:00 AM
From: teevee	Respond to of 26850

Fixer, Its my understanding he is going to talk to analysts and brokers etc...maybe someone could phone the office and get the agenda? regards, teevee

To: The Fix who wrote (19298)	5/11/1999 1:03:00 PM
From: teevee	Read Replies (1) \| Respond to of 26850

Fixer, This will help explain why perhaps Winspear chose Tahara's plant... it has a reputation for high recovery with VERY LOW STONE BREAKAGE.... Author: teevee -- Date:1999-05-11 09:47:25 Subject: On th subject of valuation Apart from the comments, reportedly from diamontaires, refering to the color as good as "Russian White"-the DeBeers term is "Finest White":-), an important aspect of valuation, given similar color and grade is the SHAPE of the crystals.....The most important factor in the value of a cuttable rough diamond is its shape. For example, a ten carat flat macle may yield only a few carats of baguettes, but a well shaped octahedron of ten carats may yield two well proportioned stones of perhaps 3.5 and 1.5 carats each. Thus two crystals of equal weight and color and imperfection grade can have a value relationship in which one is worth at least ten times as much as the other, on the basis of shape alone.......you may recall pictures of the diamond recovered from the MPV pipes.....lots of broken crystals..... the comparatively violent emplacement process of pipes (in comparison to dykes and sheets) leads to a much higher proportion of broken crystals and lower average values per carat....My question for you Will, is are you aware of the percentage of crystal with a octahedron shape for the plus one carat size fraction recovered from Snap Lake? I assume it must have been high. Have you factored this into your guestimates of the range of percentage of gem diamond one might expect from the 6000 tonne bulk? Regards, teevee