Trump's 12 Diamond Picks, Discussions Limited Message Board

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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited

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To: George J. Tromp who wrote (1742)	12/8/1998 2:40:00 AM
From: Tomato	Read Replies (2) of 2251

WSP pros and cons: PRO: 1. Scoping study shows about 3.5 million tonnes min. are mineable- conservative valuation should put share value, formerly at about $3, now about $2.30 with 10 million more shares fully diluted. 2. Analysts reports on WSP thread indicate 20 milion plus tonnes of kimberlite out there. Who knows, maybe up to 120 million??? 3. Maybe there are colored stones they're not revealing? 4. 2 additional properties being drilled this winter -blue sky 5. 2 drill targets for pipes CON: 1. Private Placement was a slap in shareholders face- mgt. seems to stick it to SH without regard to enhancing value of non-insider SH 2. Cannacord seems to be behind a lot of stock movement - controls a hell of a lot of stock 3. What if bulk sample isn't as good as 200 tonne sample? 4. What if caustic fusion doesn't have 30- 37% macros? 5. What if big stones were a fluke? 6. EC and BB are skeptical 7. Dr. Bob stuff appearing on internet and other rah rah stuff raises yellow flag 8. Mgt. has not been forthcoming- not "transparent" at all. Very secretive e.g. no info on colored stones. RT runs company likes it's his own private business, IMO Comments?

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