That article is from april 1997 .... highly interesting time-piece [thank you], but quite dated now .... here's a post of Adrian's from a few months before - #reply-495744 .... involves a China deal, even, how about that
'Hired Mercenaries used to kill locals and rape diamond mines?'
How do you rape a diamond mine, Steve? .... sounds a bit kinky, most people just dig them up and pick out the diamonds, and they don't hire mercenaries for that either, way too expensive ..... they don't use them 'to kill locals' either, unless absolutely necessary for expat worker security, it would hardly be necessary, as the locals do that themselves, in those places, when they're not whacking each other's arms off with machetes, that is
Friedland [Robert] had in 1997 eight per cent of dmw [Diamondworks] stock, and his brother Eric was CEO ... by sometime in early 1999 or maybe even 1998 RF had three per cent of stock [company got diluted bigtime, there was a civil war that increased costs enormously right after mine construction] ..... going from memory here, could be wrong, but that won't be far off ...... RF probably still holds a few shares, but does not show up as insider or significant shareholder on dmw's sedars now, hasn't for many years, and his brother Eric is long gone, left in 1998 i believe, there have been several changes of management since, it's now run by south africans and a guy from London, Rob Rainey, Southernera's old CFO .... i hold a fair bit of dmw right now, fwiw, followed it for years, swing trading, lately it looks particularly ripe for a move north so i'm loaded
You wouldn't be talking your book here on ivan.naz, by any chance? .... teensy little short on it, got some off into that spike? .... well, where's the harm in that, if Toutin' Thomi can do it why can't we all -g- .... cheers |