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Gold/Mining/Energy : Leicester Diamond Mines

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To: J. D. MCMULLEN who wrote ()3/10/1997 1:02:00 AM
From: Ian McCartney  Read Replies (1) of 7
 
I have been buying too, based on the people behind the company. It is managed by good technical people who run a large group of companies. Ken Carter is the chief (president?) and has a strong exploration background. They have a comprehensive support group and investor relations team within their corporate peer group. I will buy more in the expectation that the time will come to put a new asset into LCD and knowing the people, it will be a real one.

You might review the past history with their South African Diamond mine feasibility to help formulate your expectation of the comnpanies future intents. (+$1.50?)

Timing is the only unclear question for this investor.

IDM
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