Silicon Investor (SI) -- The First Internet Community

1/11/1999 2:42:00 PM

Chad,
What are you trying to do-ruin Nicky O's and George B's lunch? They could end up with a bad case of indigestion after reading your post. Assuming 4-5% of recovered stones from Snap Lake are 10 carats in size, and of this quality, just extrapolate over a years production at 5000 tonnes per day and figure out what percentage of the market just those stones are! If the 1-9.9 carat stones and larger stones are included, DeBeers will have no choice-it will be buy or die.
regards,
teevee