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


To: Serge Collins who wrote (280)3/1/1999 10:54:00 AM
From: Diamonds Are Forever  Read Replies (1) | Respond to of 413
 
The money is not even for mining I bet. How much do they owe in short term debt? They will use the money to contract with Executive Outcomes/Sandeline and pay off short term debt. Currently mining in Angola or SL would require massive security since the governments can not provide it currently (good possibility they might in the future).

Unless either war ends soon, trouble is around the corner. I wonder to what extent DMW hired mercaneries will effect the war.

I am not surprised by the activity and decline in price and it probably will continue until they publicly announce what they are doing with the money AND positive results are a reality for their actions (possible actions at this point) in the countries or it could be a complete waste of resources.