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Strategies & Market Trends : Dino's Bar & Grill

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From: Goose9411/23/2012 9:53:23 AM
Read Replies (2) of 202423
 
Out of bottom-fish range, nice looking chart. I have no diamonds Jrs in the list so I'm adding Diamcor for rough diamonds.

Diamcor Mining (DMI-V)
www.diamcormining.com
30 million o/s
$5 million in cash (Diamcor closes $4-million financing with Tiffany - Nov 22, 2012 News Release)

Diamcor Mining Inc. has an established history of supplying rough diamonds to the world market. Our experienced operational team based out of Kimberley, South Africa has established relationships with diamond majors and a proven ability to manage projects from inception through to operating on a 24/7 day basis. Diamcor focuses on the identification, acquisition, and operation of near-term production based diamond projects which have the potential to generate sustained rough diamond production and cash flow. Recent transactions such as the closing of the Krone-Endora at Venetia acquisition from DeBeers Consolidated Mines Limited are aimed at increasing past production levels from approximately 2,000 carats per month to approximately 7,000 - 10,000 carats per month within 12 months. The company is also targeting further growth through the identification of additional potential resources at our Krone-Endora at Venetia project, and via its ongoing discussions to acquire other near-term production assets with the potential to allow the Company to achieve targeted aggregate production levels of 25,000 - 35,000 carats per month within 24-36 months.
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