ALDM - Anyone know anything about this company? Message Board

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Microcap & Penny Stocks : ALDM - Anyone know anything about this company?

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To: JOEY who wrote (256)	7/6/1998 12:32:00 PM
From: Jetter	Read Replies (1) of 381

Morning Sapper and all, Just got off the phone with Alex. There were several issues he spoke about... First, ALDM is in the west african country of Guinea. This is one of the most stable governments in africa. They are not in Guinea-Bisau.. The country where all of the current revolutions and government uprising is occuring. Second, Alex mentioned that possibly by the end of this week the web site will be completed... On it you will find copies of all of ALDM's licences and concessions from the Guinea government. A side note here, Alex mentioned to me that once they got the concessions from the Guinea government, two US companies tried to go into Guinea and bribe the concessions away from ALDM. Alex believe that ALDM's contacts and resources in Guinea are the reason they have these incredible deals. Also, Alex mentioned that ALDM has one of only a few available licences from Guinea to buy and sell diamonds. ALex feels that this will represent another good oportunity for ALDM and their business. According to ALex, diamons flow into Guinea from most of the surrounding countries for export. ALDM will have one of the few available export licenses in the area. Finally, he also mentioned a large NY Bank and a scandal involving the bank illegally shorting ALDM stock... Would not go into detail, however, he did say that this was very positive news for the company and that it will force the bank to cover over 1 mm short shares. The time frame for the short squeeze and covering in roughly 30 days... And lastly, for those interested, Alex said the web page africandiamond.com will have what he stated a complete dd package available to investors. Copies of everything including assays and mining reports. Should eliminate all concerns of fraud or misrepresentation... Definately an exciting time to be a shareholder... Happy Hunting, Scott

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