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Gold/Mining/Energy : Trump's 12 Diamond Picks, Discussions Limited -- Ignore unavailable to you. Want to Upgrade?

To: donkeyman who wrote (1247)	9/22/1998 2:21:00 PM
From: George J. Tromp	Respond to of 2251

Well that is not entirely right., when Diamet moved to the 50 range it was the intitial discovery of a brand new area of diamond exploration., as well Diamet had no JV agreement., until BHP made the deal to put up 500Mil for the first mine., and Stuart Blossom and Charles Fipke retained their respective interests., and the company holdings were reduced to 29%. So keep this in mind., and set a realistic price target., if MGJ can show a diamondiferous cluster with classic kimberlite emplacement., and potential for a multi-year program it should move the stock higher. 12.5% is still significant., should a field develope on their property. Most diamond analysts will tell you the same as well., on a valuable diamond source 12.5% is significant especially if little expenditures to bring the source to production is required by the company. Sincerely George J. Tromp