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Gold/Mining/Energy : DIADEM RESOURCES - DIR,M

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To: Dave Tan who wrote (791)	12/9/1997 8:54:00 AM
From: Iceman	Read Replies (1) of 897

Tax loss selling???? the stock has been going straight down since the Bre-x days in April... Management has been promising stuff but no real news has come out in the last 8 months, except that they needed money. The company may have great prospectus (in terms of land) but with no money to develop the property and no money for a feasibility study and no money to build a mine = dilution + dilution + dilution... The stock price will keep falling and falling until REAL NEWS comes out and I don't mean a regurgitation of old news... I lost my patients and too much money waiting for something to happen. I sold half my position at 68 cents before the annual meeting and the other half at 42 cents after the meeting when nothing new was announced... I will sit on the sidelines for now but doubt I will buy it back anytime soon (not atleast while gold keeps falling through the floor)... Good Luck to you All Iceman

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