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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: VAUGHN who wrote (981)6/14/2003 3:55:12 PM
From: jrhana   of 16203
 
I agree SRM and NEM are la creme de la creme.

I do own CBD for its gold deposit-any diamonds would be icing on the cake.

I could not resist throwing a little play money at CBR-they are starting to pump it and Gold Fields appears to have made a serious investment (at a cheaper price of course)
Again for the gold but diamonds are a possible future pipe dream.

Interesting thought that the merger of SWV and NEM might be jeopardized if Churchill gets too valuable. After all NEM made the early investment and in some sense now SWV is getting a free ride. There were complaints at the time that NEM should have been given more of a premium in the merger for precisely that reason. I guess however that the management synergies are valuable.

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