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 (111)	1/2/1998 11:34:00 AM
From: Leslie S. Feinberg	Read Replies (2) \| Respond to of 2251

George: I have been very interested in C3 Corp. (CTHR). For those unfamiliar with the company, they are an offshoot of Cree Research. The company produces single crystal SiC gems. The stones have a hardness second only to diamond and light characteristics nearly identical. In repeated tests with professional gemnologists, 93% of those surveyed could not distinguish the SiC (moissanite) gems from the natural diamond. Only a proprietary instrument developed by the company can do this reliably. Conventional instruments can not tell the difference. C3 uses a patented technology to produce the gems which are very difficult to make in the size and quality needed for gemstones by other than the company's technology. The company will begin marketing unmounted stones to jewelry manufacturers this quarter. What impact do you anticipate this may have on the natural diamond industry? What potential do you imagine such a product might have to create a market for these stones which will sell for about $500/carat for stones which look to professional jewelers like the best available natural diamonds? Les

To: George J. Tromp who wrote (111)	1/3/1998 10:37:00 AM
From: Mark Bartlett	Read Replies (3) \| Respond to of 2251

George, Technical Analysis Update - Jan 3/98 Aber Looking strong. OBV and RSI are rising. Pierced its 50 day SMA and closed strongly at a daily high on Jan. 2. Appears to be under accumulation. An increase in volume would reinforce the present trend. Botswana Diamonds Looking strong. RSI is getting high and I would expect a "hold pattern" here or a little profit taking. Caldera Nothing exciting ..... still very early for this one - awaiting some results from Lakefield and from the DD for it prospective JV. Some early results did yield diamonds in the drill cores. Canaova Looking strong. Looks to me there were a couple of crosses done yesterday and the day before .... can anybody confirm this for me. Kalahari Pierced through its 13 day SMA. Also looks there were some crosses done within last week. Mountain Province Pierced through its 13 day SMA and closed at a high ... bullish sign. RSI continues up. IMO there is definitely interest here. Nora Explorations Nothing exciting at present. Platinova Pierced the 50 day SMA on Jan 2 .... bullish sign. OBV and RSI remain good. Rex Diamonds Closed slightly below its 13 days SMA .... we will watch to see if it can bounce back. Looks to me, that if one were inclined to start to build a position in this one, this would be a good place to start. The Bollinger bands have tightened up and this suggest a narrowing of the trading range. A move above the 13 day SMA on good volume would be bullish. Rupert Resources Continues to be very bullish. Closed above it upper Bollinger band and has been above its 50 day SMA for some time now. Continues to be bullish. Volume is quite good, indicating interest in the stock. Southernera Looking strong .... continues to trade above its 50 day SMA and moving higher. OBV and volume are good. Looks positive. Winspear OBV is good. RSI is getting quite high .... Trading range widened Jan 2, suggesting some profit taking. Trending very nicely ..... it could very well continue this trend without much resistance until it get to the 1.40 area. IMO looks very good .... certainly appears to be under accumulation. General Comment Most of these diamond plays are (IMHO) looking quite bullish ...... most are trending up and appear to be under accumulation ..... IF this trend continues, we could have a nice series of potential profit makers here. My only concern is that diamonds (for some strange reason) seem to have trended down with the golds - what they have to do with each other is beyond me. Granted, there has been some weakness in the diamond sector over the last several months, and this may have been part of the reason also. BUT ... I also sense the diamond-gold coupling that we have seen may be ending ... IMHO even if gold trends down, we could very well see a de-coupling of gold and diamonds. Should gold become more bullish, I believe this will spillover into the diamond sector and that could only benefit us. MB