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Gold/Mining/Energy : DIAMONDWORKS DMW.v -- Ignore unavailable to you. Want to Upgrade?


To: russet who wrote (382)1/29/2002 12:20:16 AM
From: marcos  Read Replies (1) | Respond to of 413
 
Time to look at it again maybe ... it's been getting supported at .40 level, not derelict by any means ... it's just that information on it is hard to come by, we have no idea who these people are or what they intend to make out of the company .... not even minimal attempts to inform lately, the website has been saying 'under construction, come back in a few days' for about a year now ... they don't appear to care where the shareprice goes, but they may if they decide to do equity financing to arms-length players, hard to say .... they'll need some sort of cash to get any project rolling, and i can't see a bank saying sure, sign here and take this sack of money .... but yeah, Sierra Leone looking better .... lots of news out of the BBC - dailynews.yahoo.com

'.. Before the peace
ceremony took place
this week, I made a
trip to eastern Sierra
Leone that would have
been far too dangerous
during the war.

I flew with British and
Sierra Leonean
government troops
almost to the borders
with neighbouring
Guinea and Liberia.

In the past this was
rebel country, where diamond-smuggling
desperados held sway. There are still some of
them around.

From the window of my helicopter I saw
telltale signs of illegal diamond mining - river
beds where the water had been turned yellow
by the miners panning gravel.

New security

When we landed at a village deep in the bush I
realised with a start that I had never been this
far into diamond country.

But then I also quickly realised that I was not
concerned about my security because the
British and Sierra Leonean soldiers had
extended the rule of law to a small part of this
remote jungle area.

The villagers certainly seemed happy about it.
As British officers walked along a village track
they lined up to sing "British you are welcome,
British you are welcome".
'

news.bbc.co.uk