IBIC (OTC)/PLACER DOME(PD:TSE).....DIAMONDS...!!
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Follow me on this on, OK..!!
In South America, the Guiana Highlands are contained within Venezuela, Guyana, Suriname, French Guiana and Brazil...
Gold is mined throughout the Highlands...
The OMAI gold mine located in the Highlands in Guyana is one of the largest gold mines in South America...
The IBIC/PLACER DOME JV'd properties are located approximately 20 miles south of the giant OMAI Gold Mine...(No diamond finds reported)
DIAMONDS are being mined/found all along the Guiana Highland trend, including Guyana...
BHP(BHP:NYSE)/Golden Star Resources (GSC:TSE) are currently exploring for "diamonds"/gold in Guyana...
PLACER DOME, on behalf of IBIC, is currently "studying" similar government geological and geographical information, as provided to BHP/GSC, and will, no doubt, arrive at similar conclusions, specifically as it pertains to the viability of 'diamond' exploration, not to mention the probabilities for gold....
Recent share prices:
BHP..............$$27.75(US) Golden Star......$18.25(CDN) Placer Dome......$51.80(CDN) IBIC.............$00.24(CDN)
The upcoming Press Release from Placer Dome/IBIC will, in all probability, shed more light in this regard......
Bonne chance...
Ray |