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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?

To: VAUGHN who wrote (2480)	2/10/2005 1:00:20 PM
From: Famularo	Respond to of 16213

ABER APPOINTS NEW DIRECTOR, ANNOUNCES DATE OF YEAR-END EARNINGS RELEASE, AND CONFIRMS DETAILS OF SHARE REPURCHASE PLAN Aber Diamond Corp. has appointed John Willson to the company's board of directors. Mr. Willson began his mining career as a mining engineer working in West Africa, Montana, British Columbia and Greenland. In 1985, Mr. Willson was appointed chief executive officer of Western Canada Steel Ltd., a subsidiary of Cominco. He then served as chief executive officer of Pegasus Gold Inc. for four years before becoming the president and chief executive officer of Placer Dome Inc. During his tenure at Placer Dome, he served as chairman on the board of the World Gold Council from 1999, to 2001. Mr. Willson retired in 2000, and currently serves on various Canadian corporate and charitable boards. Mr. Willson has a master's of science in mining engineering from the Royal School of Mines, London University. Aber will release its fourth quarter and year-end results on March 9, 2005, prior to the opening of markets, and will host a webcast on March 9, 2005, at 8:30 a.m. EST, to review these results and the company's outlook. Interested parties may listen to the broadcast on the Internet at www.aber.ca. The company has also been informed that the Toronto Stock Exchange has accepted the company's notice of intention to proceed with a normal course issuer bid to allow the company to buy back a percentage of its shares on the open market. The company filed the normal course issuer bid as a means to return value to its shareholders. The notice filed with the exchange provides that the company may purchase, through the facilities of the exchange over a one-year period, up to a total of 5 per cent of its outstanding shares, representing 2.85 million shares. As of Jan. 21, 2005, there were 57,918,279 shares outstanding. The purchases may begin on Feb. 14, 2005, and will terminate on the earlier of the date on which the company may complete its purchases pursuant to the notice, the company terminates the program or Feb. 13, 2006. Purchases will be made by the company in accordance with the rules and policies of the exchange and the prices that the company will pay for the shares will be the market price of such shares at the time of acquisition thereof. Any shares so purchased will be cancelled.

To: VAUGHN who wrote (2480)	2/10/2005 1:04:07 PM
From: james flannigan	Read Replies (2) \| Respond to of 16213

Vaughn.When Debeers made a hostile bid for Winspear at C$4,the stock was trading at C$2 on the friday.The next monday the shares opened at the C$4 bid received over the weekend by Debeers.The shares then traded up and below the bid in a tight range.During this time Debeers said C$4 nothing more or we will cancel the deal.After a few weeks of millions of shares traded (sellers beliving Debeers) buyers ARBs knowing another offer was likely from Debeers supported the stock price at the C$4 range.A few more weeks passed and Debeers realized that the threat of walk away was not scaring the big money so they came back with a C$5 offer.I think 20% profit on say afew million dollars would intrest any body with that kind of money for a few weeks investment. James