Arctic Star Diamond (ADD:CDNX) Message Board

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Gold/Mining/Energy : Arctic Star Diamond (ADD:CDNX)

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To: rdww who wrote (13)	8/11/2003 9:20:15 PM
From: jrhana	Read Replies (1) of 32

ADD versus MTX Courtesy of Diadon1945 In response to my question on the Diamond Forum <Is there any advantage to owning MTX over ADD? ADD seems a lot easier to buy down here in Miami Florida> Diadon1945: <Most of my shares in this play are ADD. It is much easier to trade. It is also undervalued in relationship to MTX. MTX has 60% 0f the play and ADD has 20%. That would mean ADD should be 33% of the price of MTX. However ADD has more shares out. I do know that when Fipke bought a pp in ADD and MTX he paid 29% of the MTX price for his ADD shares. ADD also has a 25% interest in a very nice property in the Wawa area. This area is of interest because DeBeers recently took an interest in GEM in the Wawa area. There are drilling results from the ADD property in Wawa expected any day now. ADD also has a 70% interest in a new play in Northern Ontario with Kennecott. When the good news starts to flow from Attawapiskat I expect ADD to slingshot up for a higher percentage gain than MTX...but they both have a very high bluesky potential. Good luck in your investing.>

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