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Gold/Mining/Energy : Diamonds North Resources Ltd -- Ignore unavailable to you. Want to Upgrade?

To: Letmebe Frank who wrote (164)6/25/2003 11:34:34 PM
From: Letmebe Frank  Respond to of 334
 
Concerned? Not yet, but...

Will had this excerpt in the last wire on DNN: "Diamonds North finds new hope at Blue Ice"
2002-09-24, seven months ago...

..."As a result of that, the entire parcel weighed just 0.002 carat, which indicated a microdiamond grade of just 0.063 carat per tonne. That was better than the De Beers result, but still a far cry from the company's glory hole. "

And,

"A far greater concern is that the diamonds provided by the high-grade sample have swamped the poor results from the other samples, and that proportion is probably misleading."

I guess Teck thinks theres a chance, a risk based chance worth paying for, that they can repeat "glory hole" results.

wwwa.stockwatch.com

LMBF



To: Letmebe Frank who wrote (164)6/26/2003 11:31:09 AM
From: kidl  Read Replies (1) | Respond to of 334
 
Fascinating how cautious investors have become. Going back to the mid 90's, this type of news would have meant an open of at least 10% above PP pricing. I suppose most are still in a state of shock from the burst of the tech bubble.
Actually kind of nice ... Got a few more in the low 80's and fishing for more.


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