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Gold/Mining/Energy : DIAMONDWORKS DMW.v

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To: Tony O who wrote (77)6/19/1998 7:30:00 AM
From: Wayne Rumball   of 413
 
No idea what colour the diamond is, but I believe the previous large stone was described somewhere as being slightly off colour or slightly cloudy, it's written somewhere on the Diamondworks sight.

Regarding the warrants, aren't there more than 6 million outstanding? This too is on the diamondworks sight. Anyway, could be better for us if these warrants are not exercised (unless the owners of them are also large shareholders and decide to dump their holdings to punish DMW? Who knows.)

If we do get to 1.65 before July 15, I will probably sell, if not, I will hold this for quite a while.

Mining stocks in general are out of favour, so it will be very hard for this thing to move from current levels to 1.65 IMO.
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