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Good-Til-Cancelled

09/08/04 8:46 AM

#93050 RE: Dain Bramage #93046

TLC,

Here's a line from your post

The assertion here is that DeBeers owns 58,000 acres of land that is worth 40 to 80 billion dollars US per acre

It's not per acre but for the entire 58,000 acres.

GTC
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RFL

09/08/04 11:51 AM

#93141 RE: Dain Bramage #93046

He is just saying that CMKX acerage is 34.5 times the 58,000 acres held by DeBeers. Therefore, it is on a acre basis, but not at $40 bil. per acre.