Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Rocket Red who wrote (989)	6/15/2003 8:03:34 PM
From: WillP	Read Replies (1) of 16206

I think SWV& NEM is a little more than a grassroots play today with already proving diamonds on that property. You mean the little AV-1 outcrop that will have to be a pleasant surprise to keep speculators interested. Size and grade are still big worries. When Merged then will control 70% of the play and watch the insitutions get in because of the 2 ladies involved. Insitution will drive the stock as highas they like and no speculators can stop that. And a lack of an economic diamond deposit would drive prices far lower. No institution or ladies can stop that. Edit was Commenwealth worth 1.50 when they Merged??Not Likely as Diamond stocks early where flying to the moon. KLA=Bert at 4 dollars now 10cents LOL Commonwealth last traded at $1.37 actually, in the spring of 1994, and it was just under $1 when it was "compared" with Aber's share price as part of the "valuation" exercise. PS Its pretty clear there are more mines coming for Canada in years ahead that will make Canada the largest Diamond producer in the World Things are never clear, but there's certainly signs of promise. Regards, WillP

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