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Gold/Mining/Energy : Diamond Fields International Ltd. (DFI.T) -- Ignore unavailable to you. Want to Upgrade?


To: teevee who wrote (17)4/16/1999 5:26:00 PM
From: russet  Read Replies (2) | Respond to of 141
 
Hi teevee,

My feeling is, it is for good news from the bulk sampling of their marine diamond concessions in Namibia. They said they were awaiting a feasibility study based on these bulks at the PDAC a month ago. From that they can secure financing and mobilize the equipment to start harvesting the diamonds offshore. My impression was the financing was not a problem, and they were well advanced in negotiating equipment purchases/leases.

russett