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

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To: Karl Zetmeir who wrote (811)1/18/1998 8:22:00 PM
From: Dave Tan  Read Replies (1) of 897
 
The diamond project won't be starting up again until spring, which means no news until the summer. Reason for this is the property is located in the mountains. I don't know what the reason for the run-up is yet. I have been accumulating DIR since Nov, and have recommended DIR to a few people but I don't think any of us paid more than $0.50. The recent rise is a mystery. Does anyone know? I suspect someone is accumulating stock, either an insider is anticipation of a rights offering or an internet/hot stock group is hyping up the stock. If anyone finds out who is responsible for this nice rally, please let me know. I hope this rally keeps on going, Diadem is undervalued even at these prices. It was $6 at one point and people were saying it was undervalued then.
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