CFV - Camphor Ventures Message Board

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Gold/Mining/Energy : CFV - Camphor Ventures

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To: paul centis who wrote (393)	1/7/2000 4:18:00 PM
From: mick	Read Replies (2) of 407

I was appalled when they made the orginal announcement and I am pleased that it has been quashed. I am now wondering about managment and its directors. Unquestionably, this should never have been attempted and for once, the VSE (or CDNX) may have done its job and protected the shareholder. On the plus side, dragging it out for 3 months did protect the shares from dropping so far. Anyone no why RXD is in favour ? As far as I can tell, they found some kimberlite (wow - how thrilling !) I hold some TMI which has better production, found lots more kimberlite, and is a very undervalued company in my opinion. Just looking over the annual report, the only significant difference is that REX loses more money, its exploration properties are less developed, and it has associated itself as a .com (selling its diamonds over the NET. I am curious about this. Any how, good to hear the company has dropped the magnesium play. Tough to say if and when De Beers will develop this resource, but I am sure they will. Need some good news on the diamond font. Cheers

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