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Gold/Mining/Energy : Precious and Base Metal Investing
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To: russwinter who wrote (11178)5/20/2003 9:58:22 AM
From: jrhana  Read Replies (2) of 39344
 
NEM.V and SWV.V have merged

I guess not followed by many here but it is one of my largest holdings.

this should be positive because the new entity will be a powerhouse in the emerging Canadian diamond camp. The stock is halted for now:

<The combined company, with a 70% interest in Aviat, will have greater control over the exploration and development of the 7 million acre Aviat Property where compelling evidence points to the existence of a new kimberlite province. The combined company will also give its shareholders exposure to ongoing exploration programs in several other prospective diamond regions throughout Canada including the Churchill and Coronation areas of Nunavut as well as the Otish Mountain area of Quebec. Combined, the new company's diamond properties will encompass over 11 million acres, making its landholdings one of the largest in Canada.>

biz.yahoo.com

Do not go to Las Vegas, buy NEM.V

It will be a 10-20 bagger (guaranteed)

(and Santa Clause is bring a shiny new Ferrari)

<g>

Seriously the company might have a place in a Speculative portfolio because it will not track the POG but otherwise may have the same type of potential as a good junior gold.

I particularly like this:

<Creation of World Class Diamond Exploration Company>
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