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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT -- Ignore unavailable to you. Want to Upgrade?


To: Diamond Daze who wrote (522)5/17/1999 8:36:00 PM
From: Faze  Respond to of 930
 
Well I guess my rumour fromt my friend was drilling on Victoria Island for Major General. He told me 284 metres and it was 285. Oh well what's one meter among friends. I wish that he would have known that it was for Major General. I was drinking with him on Saturday Night. He kindov said that on the plane out of Yellowknife some of the boys that worked on another project was talking about buying Windspear. He said that they took a sample from a large hole and that the kimberlite had visible diamonds in it. He went on to say what's encouraging is that visble rough diamonds are very hard to detect in kimberlit. He bought this stock last week.

Once again this is all that I know. I'm going to workout with him on thursday night.



To: Diamond Daze who wrote (522)5/21/1999 3:11:00 PM
From: VAUGHN  Read Replies (3) | Respond to of 930
 
Hello DD

High value diamonds have been found for several hundred years as erratics both in Ontario and down ice in the states. There has never been any question that they were sourced there but whether their source is economic is the issue. Pipes have been known for more than a decade but again, they have never been found to be economic. I am not saying that one won't be found, just that I prefer to invest where the odds of success have the advantage of having been established already.

Good Luck

Regards