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

To: trypod who wrote (105)	12/11/1998 2:56:00 PM
From: Chas.	Read Replies (1) \| Respond to of 413

Hi Rick.....I'm also holding Rex....I feel that they will break out on news from Mauritania which could be today or another 3 months, nice action yesterday and today though.I have no info to offer other than what you can get at the website or on the various diamond threads....."In the loop" their free 30 day intro is a good deal.... "Matt ......" is their editor and I feel he is as savvy as anyone regards African plays. I just got that feeling on Diamondworks......they should be a 1.50 stock in bad times.......they are supposed to resume Yetwene operations in January.....bears watching.........

To: trypod who wrote (105)	12/11/1998 4:56:00 PM
From: JJ	Respond to of 413

I also added some shares to my long term porfolio.I think the stock should recover nicely in the first few months of /99 when mining operations return to normal.Robert Frieland owns over 10 million shares of the company which is an added bonus.I wouldn't be concerned with the amount of shares outstanding(110 Million).Just realize their market cap is only $18.7 million.That's for a company that produces 50 million dollars/year worth of diamonds over a 10 year mining life.The stock should easily recover back to .50+