A CANADIAN DIAMOND HUNT Message Board

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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT

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To: B. Thomson who wrote (246)	2/16/1998 1:47:00 AM
From: Sylvain C.	Read Replies (1) of 930

REX Diamonds (RXD.TO). As the political situation in Sierra-Leone improves over the next few days, we're going to see volume and share price increase. The shares are extremely undervalued for a company with actual revenues. The shares are trading close to their 52-week low. The stock traded over $5 a few weeks after the sierra-Leone discovery news release last year (estimated $3.3 billion value). With the recent Mauritania project and the probable return to power of the elected Sierra-Leone government, I believe that the stock will significantly rise over the coming weeks/months. Volume has already increased but share price is still low. RXD will certainly be an interesting stock to watch this week. Before you buy any shares of this company I urge you to do your own research. There are risks associated to that type of investment. Peace in Sierra-Leone has not been achieved yet.** RXD closed at 0.88 on Friday. Good trading! Sylvain C.

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