stockhouse.com
Jerry here is the post. They screwed up the ticker simbol.
Hi LeRoy,
Here is a quick note from Radman. I have also included a relevant article from the
Fianancial Post. Radman brought NCM through just recently...great timing!
-norm
NCM.V
there was significant news on new claymore today .as previously discussed new
claymore has basically two large properties ,one in the region of 1 million acres in the
hinton alberta area which kennecot is drilling for diamonds as we speak and a newly
staked area in the peace river area of alberta which has shown very high indicator
minerals for diamonds. ashton is drilling on an adjacent property and announced today
that they have hit kimberlite.this is very significant for ncs .it traded to a new high today
and was around 2.20$.there are only 4.7million shares fully diluted out there and this is a
very significant finding with more good news expected as the results from kennecot
become available.,the market cap of new claymore is one of the lowest of any of the
diamond exploration companies which have a significant chance of a major diamond
discovery . with any luck this one should go much higher over the next three months.
radman
Post's Schreiner keen on Alberta diamonds
New Claymore Resources Ltd NCS
Shares issued 4015775 1997-01-24 close $1.85
Monday Jan 27 1997 In the News
See Montello Resources Ltd (MEO) In the News The Financial Post says in its Saturday
edition that last week's disclosure of of a drilling start by Ashton Mining of Canada is a
signal that the Alberta diamond play of 1997 is underway. Reporter John Schreiner says
that another signal lies in the awakening of activity in the shares of junior firms involved
in the search for diamonds, both in the Hinton area, previously better known for its coal
reserves, and in an area northeast of Peace River. Ashton moved to higher than $1 early
this month and has traded significant volume. Also increasingly active are Pure Gold
Resources, Troymin Resources, Montello Resources and New Claymore Resources. The
Hinton area has been simmering for a while. The Montello group acquired 950,000 acres
there in April 1994 on the advice of Chuck Fipke, chairman of Dia Met Minerals and the
original discoverer of diamonds in the Northwest Territories. Mr Fipke's company was
briefly active in Alberta diamond exploration a few years ago with Cameco Corp, but is no
longer involved. During the period, however, Mr Fipke also found some indicator
minerals.
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