I did a little research and found these articles. Very interesting comparison wouldn't you say. Check out the numbers here and the story.
I wouldn't expect a wait and see on this one, it might be a good idea to wait and see AFTER buying a chunk of either stock. This news release caused a change in TEK.B as well, it hit a high of 28 before falling back to 27 (up from 26), that is about a $100,000,000 in Cap, not bad.
****Historical News****
COMPANY: Diamond Fields Resources Inc. (CanCorp Company Number: CA024916)
Staking rush in Labrador Northern Miner v.80(39) November 28, 1994 pg 1,2 Special Features: Photograph; Graphic Abstract available
Descriptors: Mines and mineral resources--Newfoundland; Labrador
Drill results from Diamond Fields Resources' Voisey Bay project on the
east coast of Labrador showed base metal mineralization grading 2.23%
nickel, 1.47% copper, and 0.123% cobalt. The company will begin a $1m
expanded stepout drill program in conjunction with additional ground
geophysics. The discovery is causing a staking rush, with over 6,000 claims staked. Noranda is believed to be the most aggressive major, although much of the staking is being done by individuals or junior companies. Diamond Fields has a 100% option on the Voisey Bay project, subject to a 3% net smelter royalty payable to Archean Resources. ??
****************Present News Release++++++++++++++++++++++++++++
DRZ-NAI
... The massive sulphide mineralization encountered in Hole 97-67 assayed up to: 1.93% nickel, 1.64% copper and 0.26% cobalt. All drilling and sample handling was carried out under direct supervision by Teck Exploration Ltd. personnel. Assays were conducted by XRAL Laboratories, a division of SGS Canada inc., of Don Mills Ontario, check assays are in progress....raise up to $1,120,000 in working capital... |
