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Re: What to prospect, what ore to sell...
Prospect Adamantite, sell the others ores on the AH. Sometimes, as Barghbq mentioned, ore skyrockets and rare uncut gems flood the market. In those cases, sell the ore and buy the rare uncut gems.
After you get a few rare gem designs, do both - buy all the Adamantite ore (27g/stack is my cutoff) and all the uncut rare gems (that are listed at 5g less than the cut versions) that you can.
Personally I get about 1000g in my mailbox per day and spend 900g or so restocking raw mats. Tuesdays get to 1500-2k sometimes.
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