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Gold/Mining/Energy : New Claymore Resources

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To: jerry janko who wrote (528)10/1/2000 5:17:19 AM
From: jerry janko  Read Replies (1) of 531
 
New Claymore Resources (NCS CNDX) has commenced further diamond exploration work in Alberta. The current focus is on the newly granted Mountain Lake kimberlite near Grande Prairie. The kimberlite was originally discovered by DeBeers six years ago but exhibits a low magnetic signature. New Claymore has reinterpreted the previous geophysics and has commenced a ground geophysics program. We might get lucky here but the real story on New Claymore now is its' holdings in Meteor (MMI CDNX). Should Meteor's technology be proved commercially viable, we could still yet exit New Claymore with a profit. cheers, jerry
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