1. Lesson in Discovery
2. Uranium in Virginia

1. LESSONS IN DISCOVERY INVESTING

Several years ago I met with and discussed a business arrangement with a South African family.  That family went on to develop Petra Diamonds, a South African mining company, in 2000.  This AM I noted that Petra sold a single diamond it, discovered in South Africa for $35.3 million.  This is the highest price ever recorded for the sale of a single rough diamond breaking a record. The 507 carat stone was gem quality.

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