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Gold/Mining/Energy : Canadian Diamond Play Cafi
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To: WillP who wrote (4882)11/30/2006 2:32:33 PM
From: james flannigan  Read Replies (1) of 16206
 
I would think that any more percentage gained by PGD would have a positive impact on the stock.As far as I can see they may end up with 80+%.That would put them in a position to be a prime target should the value and tonnage increase.My theory is that they may have a world class deposit,and yet no major partner.That is not the way other world class diamond deposits were developed in Canada.It could be that they may after getting the next bulk done bring in a major such as CVRD or TECK,both are chomping at the bit for a major diamond asset.TECK did do a deal with TAH,but that was tiny when you look at the $3 billion in cash on the balance sheet. James
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