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Gold/Mining/Energy : TRIVALENCE MINING -- Ignore unavailable to you. Want to Upgrade?


To: Keith Minler who wrote (438)6/13/2000 8:21:00 PM
From: Phil Cressman  Read Replies (1) | Respond to of 527
 
Keith, Mick this evening IR at TMI called me back. They've been off at various brokerage houses doing the dog and pony show. This will pay off when concrete news hits the street since a good few of these brokers may put their clients into the stock. As always they are careful not to give out information that properly should be released to all by a press release.

There are some things which might lead an optimist to feel things are going to break out real soon. One, TMI is attending the Diamond Mining Show in Toronto next week at a cost of $7000. Several months ago I was told they wouldn't attend because of cost. Why the change of heart? Could it be they've a hell of a story to tell? Told me 3/4 of bulk sample has been run and it's probable that diamonds from this bulk sample will be sold at the special sale the end of this month. Isn't it likely they'll have some preliminary results to release to analyst in Toronto?

Refused to speculate on the size and quality of a second pink diamond found which will be sold this month. I'd doubt that there will be any problem having a profitable quarter.

South African operation has machinery running but first diamond sales from there probable in August.

Now doing preliminary exploration and testing on 5 sites in Avenor. Nothing much to say about K24 and I'm guessing this targets moved down a good few notches.

My guess is no news until Monday when it can be released at the mining show for sheer impact. Suppose it could come out Friday because Mining show starts Sunday but that's really pressuring the independants running the bulk sample.

With what's going on and they are mentioning a potential one billion dollar reserve IMHO this stock has got to rock and roll real soon. I'll have to sell other positions to buy more but sure won't be selling any TMI