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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?


To: Lorne who wrote (2087)5/31/1999 10:44:00 PM
From: Keith Utz  Read Replies (2) | Respond to of 2251
 
<<Permitting is well advanced and assuming the start of construction next year, Diavik could produce 6 to 8 million carats of diamonds per year or just over 5% of world production by the year 2003. The characteristics of a long life, world mining asset and 80% operating margin meet our criteria for long-term investment and royalty creation.>> This is a quote from the 1999 Franco-Nevada annual report. These guys are no dummies.

Keith