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Gold/Mining/Energy : DIAMONDWORKS DMW.v

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To: marcos who wrote (385)6/18/2002 8:27:37 PM
From: russet  Read Replies (1) of 413
 
DMW.t,....wonder how many shareholders there are left, given most of the shares are owned by the boardmembers or possibly in the outhouse? (ggggggggggggg)

The oil transport contract should generate some cashflow. Koidu starting up should do something as well.
The Russians have been pulling diamonds out of Angola near DMW and SUF concessions in Angola for about 2 years now, and say they are making money, and security costs are dropping, and they are ramping their operations up,... so DMW must be attempting to JV or otherwise reactivate their Angolan concessions shortly.

I think the DMW board has to at least double the current stock price to get their money back at par. There must be some reason they just don't sell the assets of the company, and deactivate the listing.

Perhaps at some point they will want to print up some Canuck bucks for something, and get some broker and IR promotion going, and pump up the price a bit beforehand, so we little hamsters can make some profits.

Won't be the first time we have waited a few years to make some money,...more fun than watching interest accumulate in a bond (ggggggggggg)
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