GREY:PGDIF - Post by User
Comment by
griefmanon Oct 19, 2016 11:42pm
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Post# 25364248
RE:RE:Stockwatch
RE:RE:StockwatchThis,was a post from Will on SI:
I recently did a summary on what to expect from Stornoway's first diamond sale, so I won't comment further on that.
However, it is worthy to point out that I took a picture of a display case at the Ekati mine containing one day's production -- about 18,000 carats as I recall -- and it looks pretty much the same as that. Those Ekati diamonds would sell for about $400 per carat today.
You have to remember what Gren Thomas said years ago about the first Diavik bulk sample. You could put all the diamonds from 3,000 tonnes of rock into a coffee can, and you could fit the stones worth 70 per cent of the total value into a shot glass.
Cheers,
Will