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Kubisiak5

06/14/11 12:16 PM

#33592 RE: scubastevemd #33586

If it were diamonds do you think they would be questioning its economic viability? JMO. I am really curious as to what it is though!
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dredgemaster

06/14/11 12:22 PM

#33594 RE: scubastevemd #33586

IMO forget about diamonds. The bottom has fallen out of this market as far as I am concerned. The risk reward factor is not advantageous. Once the company has a bit of cash then maybe yes they can take a punt and bank a river. Gold is Good as you SEE what you get as you go along. Diamonds is usualy a seasonal thing with a density of about 3.5 you dont want a fast flow when you are dredgeing.
Good divers and operators get good pay and if you have trained them you dont want them to leave. Laborors get about $150 a month and food, digging is hard work and all respect to them.

Hope that helps steve.

Dredgemaster