Darnley Bay Resources - DBL. VSE Message Board

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Gold/Mining/Energy : Darnley Bay Resources - DBL. VSE

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To: Grant Baker who wrote (78)	8/18/1998 5:06:00 PM
From: Willithit	Read Replies (1) of 221

Hi Grant ,had a great trip to the east coast! Not much happened when I was gone but Leon seems to have been keeping himself busy. Rumour has it that he is very close to signing a jv with Falconbridge,this would give DBL a much needed injection of cash to get up there and punch a hole in the ground. There's no doubt that the markets need something to get excited about and one good hole up there might be just what everybody needs to get the metals market moving upward! I agree with you that the diamond possibility is a long shot (but then again Voisy's Bay was discovered by people who were looking for diamonds!) Unfortunately DeBeers do already have their nose in this one,and I hear that Kennecot Canada are also interested the possible kimberlite pipes. Altus Securities should be coming out with there prospectus on the new offering this week. I hear the ask will be in the 60 to 70 cent range with a warrant attached. All in all I think that we may start to hear a little more about Darnley Bay in the next month,hopefully all positive. Take Care Will

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