Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?

To: George J. Tromp who wrote (2179)	10/1/1999 5:11:00 PM
From: Bob Fairchild	Respond to of 2251

George, I got my copy from Amazon.com for $23.96 US and with shipping and handling brought it up to $29.91 US. This was the first time I bought a book over the internet and it was a painless experience. It only took ten days to arrive and I'm sure I would have waited longer had I ordered it from some book store. I like the way the book covers the subject of diamonds from all facets (excuse the pun). Bob

To: George J. Tromp who wrote (2179)	10/4/1999 2:04:00 PM
From: Dave Pavlik	Respond to of 2251

Are you sure you have had it for a couple of years? It was just published in 1999. Anyway, The Nature of Diamonds is $34.80 Cdn at Chapters.ca I'll have to get that one too. Might as well become an expert while we wait! By the way George, someone on another thread had posted that Canabrava has staked 6 million acres in Ontario. have you heard anything to this effect? The information was on the Ontario Mines and Energy web site.

To: George J. Tromp who wrote (2179)	11/3/1999 2:09:00 PM
From: John Stella	Respond to of 2251

***NEWS RELEASE*** Date: November 3rd, 1999 News Release - For immediate distribution NORA ANNOUNCES OPTION AND JOINT-VENTURE AGREEMENT TO ACQUIRE UP TO 70% IN 1000 sq. km. OFFSHORE CONCESSION IN NAMIBIA Nora Exploration Inc. (NXI - ME), is pleased to announce that it has concluded an option and joint venture agreement with Woduna Mining Holding (Pty) Ltd. for the acquisition of up to a 70% undivided interest in an off-shore concession in Namibia, measuring 1,000 sq. km. (100,000 hectares). The joint venture agreement stipulates that Nora will assume the role of operator of the exploration programmes. The agreement is a revision of an earlier agreement announced in June 1998 which has been modified to include more favorable conditions for the development of the concession by Nora. Furthermore, the agreement will permit Nora to implement empowerment programs for Namibians. The property known as "Block J" (EPL 2499) is located off the coast of Namibia, north of Luderitz, between the 100m and 200m isobath. The concession is bordered to the south by Namibian Minerals Corporation's (Namco) property (EPL 1950), which has a reported measured and indicated resource of 270 000 carats and an inferred resource of 380 000 carats (ref: BOE Securities, South Africa, report dated October 26th, 1999). To the north, the concession is in the proximity of a portion of Ocean Diamond Mining's (ODM) mining area (ML 36), which has been extensively prospected and hosts a large indicated resource. "Block J" also adjoins recently surveyed "Block F", controlled by Benguela Concessions. The concession lies in the path of the possible extension of a submerged river palaeo-channel, which is indicated from mapping to cut across the inner shelf south of Hollamsbird Island. Immediately south of these properties, the pioneer of marine diamonds, Mr. Sammy Collins, recovered more than 300 000 carats in a four month period in 1962 (ref: Geological Survey, South Africa). Along the coast onshore at Meob Bay, Black Rock and Mercury Island, many tens of thousands of carats have been recovered during prospecting and mining. Prospecting by divers for De Beers Namibia (Namdeb) along this section of the coast has also indicated promising results. A South-African based company, Marine & Coastal Geo-Consultants, has already conducted an initial geophysical survey of the concession and a contract between Nora and Marine & Coastal Geo-Consultants is expected to be finalized shortly to enable Nora to obtain interpretations of the data currently being processed. TERMS AND CONDITIONS: In terms of the agreement Nora has the exclusive right and option to vest in the concession against payments to Woduna Mining Holding (Pty) Ltd., in accordance with the following schedule: - Nora shall earn a 30% undivided interest by paying three (3) equal cash amounts totaling CAN$375,000 (the first of which must be paid by no later than December 10th,1999) combined with Exploration Expenditures of up to a maximum of CAN$250,000, by no later than June 30th, 2000, - Dependent on the results of the geophysical survey, Nora has the option to increase its interest further after June 30th, 2000, by acquiring the additional 40% interest against payment of four (4) equal semi-annual cash payments of CAN$206,250. Each such payment shall represent a 10% increase in Nora's interest in the concession. The transaction is subject to approval from both Canadian and Namibian authorities. RECENT CORPORATE DEVELOPMENTS Nora is also pleased to announce that it has retained the services of Mr. Kim Lord as a consultant for exploration and project management. Mr. Lord is a marine geologist who has been involved in marine mineral exploration for the past 16 years with numerous diamond projects to his credit. He has consulted for a number of the larger companies operating in the area. His initial term with Nora is for a five-month period renewable thereafter on a yearly basis. He has been mandated to plan and prepare Nora's exploration programmes for the next three years. Within the shortest time-frame possible, Nora's first objective is to proceed with an initial sampling programme within its 23,000 sq.km. Namibian Gemstones concession area. This will be followed by a detailed geophysical survey to define targeted areas on which to conduct dredging and bulk sampling. Nora Exploration Inc., is a Canadian based exploration and mining company, actively involved in the acquisition, exploration and development of major diamond properties in Africa. The Corporation's large and prospective concession holdings, together with its growth strategy, place it among the significant players in the world marine diamond business. Its shares are traded on the Montreal Stock Exchange under the symbol NXI-ME. For further information, please contact: Pierre Léveillé John Stella President Investor Relations Tel: (514) 846-2133 Fax: (514) 846-1435

To: George J. Tromp who wrote (2179)	11/30/1999 4:29:00 PM
From: Mikey	Read Replies (2) \| Respond to of 2251

Hey George... I have been gone for over a year, I used to post on WSP a bunch but you probably don't remember me. Marcos told me the other day you have a newsletter now?? Congratulations, it's always nice to see an entrepreneur. Looks like I have a million threads to catch up on. For now, though, I have just one question...why in the world is WSP trading at a little over two bucks?? I missed a year and a half of developments, which included the mini-bulk sample (200 tons at $340 per ton) and apparently a larger bulk sample yielding lower values, and some feasibility reports, and more exploration, etc etc. Anyway, my point is that now more than ever WSP seems like LESS a speculation than it was before...I mean, they're going to have a mine for crying out loud. Maybe some day they'll be EARNING two bucks a share and right now that's where the stock is trading. Am I missing something here? I sold out of my position when I disappeared before, and it looks like I missed an exciting run. But I would like to be an owner of this stock - real actual earnings, plus who knows what else they will find as they mine the property! So what am I missing, that this stock is at $1.60 US?? Seems like a sure thing for the long term (10 years). Maybe I will check out your newsletter! It's cool to see someone who has a hobby and is good at something turn it into a livelihood. M.