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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited
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To: average joe who wrote (2203)12/23/1999 10:52:00 PM
From: Diamond Daze  Read Replies (2) of 2251
 
Well they wont tell, other than they have grabbed up 800,000
acres of the Superior Crateon, I suspect it is in Manitoba.
I only say that because of JV with Kennicott and PVF.
We got a list of claims that confirms 760 claims with each claim being one square mile (some being 1 sq.kilometer).
(Approx 360 in Procupine and 360 in Sault Saint Marie.)
Once we accessed this information the site was "shut down".
Based on just those claims I figure they got over 500,000 acres staked in Ontario. Most of those claims came up in October and November of this year..To satisfy the assesments they would have had to dish out over 4 million and the claims did not get dropped..
Where are they getting the money ?...Kennicott is the only answer and they must like what they seen.
If you noticed SWG has filed for listings in the US, after the stock fell from 24 dollars to 2 it appears they have accounted for nearly all the volume in the past 18 months and bought back 1.2 million shares and filed to buyback another million. During the same time period SWG managed to end up with another 3 million CNB.
I was at the CNB AGM and there was 98% of the stock in the room and I doubt there was more than 15 people in the meeting. I was about the same for the SWG meeting.
It seems as the next darling of Wall street is set and ready to fly. With 60% of CNB and only 9 million shares out on SWG the next Canadian diamond mines will rock SWG to the friggen moon. I suspect they will come to the market with several pipes confirmed which the grade will be similar to what DeBeers has just found at 500 US per meter. That equates to several billion per pipe...Merry Christams all...DD
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