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Gold/Mining/Energy : DIAMONDWORKS DMW.v
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To: trypod who wrote (105)12/11/1998 4:56:00 PM
From: JJ   of 413
 
I also added some shares to my long term porfolio.I think the stock should recover nicely in the first few months of /99 when mining operations return to normal.Robert Frieland owns over 10 million shares of the company which is an added bonus.I wouldn't be concerned with the amount of shares outstanding(110 Million).Just realize their market cap is only $18.7 million.That's for a company that produces 50 million dollars/year worth of diamonds over a 10 year mining life.The stock should easily recover back to .50+
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