I remember when...LOLI don't think there was a stockhouse back then..... Bashers had to write their trash on the SH walls....LOL
Not that I think there is anything to link DFR but isn't is interesting how this little .15 company evolved...LOL
The book is a very good read. " The Big Score"
I couldn't put that one down till I finished it.
Enjoy!
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COMPANY: Diamond Fields Resources Inc. (CanCorp Company Number: CA024916)
Diamond Fields springs to life
Northern Miner v.79(7) April 19, 1993 pg 6
Special Features: Abstract available
Diamond Fields Resources (Vancouver Stock Exchange), formerly called
Rutherford Ventures, has been formed to acquire diamond properties. The
company's main asset will initially consist of The Diamond Mining Company of
America, which has a stake in a lamproite pipe in Arkansas. By issuing
200,000 shares per property and paying US$50,000, Diamond Fields can acquire
one exploration property in Minnesota and three in Arkansas. The company is
also completing a study on alluvial diamond concessions in Namibia. Diamond
Fields is financing its acquisitions through a recently completed private
placement of 3.75 million units, each unit consisting of one share and one
warrant exercisable at 15 cents per share. Diamond Fields has 50 million
shares in authorized capital.
COMPANY: Diamond Fields Resources Inc. (CanCorp Company Number: CA024916);
Angra Pequena Diamond Co.; Namibian West Coast Diamond Co.
Diamond Fields raises $5.7m to buy Namibian diamond producer
Northern Miner v.79(14) June 7, 1993 pg 6
Special Features: Abstract available
Descriptors: Diamond industry
Diamond Fields Resources will buy full control of Angra Pequena Diamond
Co., owner of the Namibian West Coast Diamond Co. (NWCDC), for US$3.3m and
366,666 common shares. NWCDC owns a 250 sq mile concession along the coast
of Namibia. To date, about 35,000 carats of mainly gem-quality diamonds have
been extracted. Diamond Fields has also entered into an option agreement in
which it will pay Archean Resources US$78,000 in cash and issue 15,000
common shares upon signing as well as pay an optional US$294,000 in
installments over three years to acquire 241 claims in Labrador. Diamond
Fields is also spending $750,000 in exploration in partnership with Lumina
Investment and Super Twins Resources in southern Saskatchewan.
COMPANY: Galactic Resources Ltd. (CanCorp Company Number: CA017128); Bank
of America Corp.; Ivanhoe Capital Corp.; Diamond Fields Resources Inc.
(CanCorp Company Number: CA024916); Vengold Inc.; Altamira Management Ltd.;
British Petroleum Co. PLC; Homestake Mining Co.; Robertson Stephens
Contrarian Fund; Anaconda Minerals Co.
Friedland not golden to US mining industry: the Vancouver promoter's
Galactic Resources left an ecological mining debacle in Colorado, and a lot
of bad feelings
Globe & Mail Metro Edition August 17, 1994 pg B4
Special Features: Photograph Abstract available
Named Person(s): Friedland, Robert
Descriptors: Mineral industries--United States; Mines and mineral
resources--Environmental aspects
Galactic Resources Ltd. (Vancouver, British Columbia), owned by Robert
Friedland, attracted US$30m in financing and considerable support for the
development of his Summitville, Colorado gold mine. Friedland was Chairman,
Chief Executive, President, and largest shareholder of the company when the
mine went into operation, but by 1989, gold production was one-third of
projected levels and production costs were more than double. Toxic waste
spilled from the mine because of a miscalculation about heavy runoff from
the area's snow and rain and a leak from the heap leach liner. The waste
threatened to contaminate the ground water and streams. He quit the company
in November 1992 at the time the United States Environmental Protection
Agency (EPA) notified Colorado regulators of impending enforcement action.
In December 1992, Galactic was bankrupted by rising cleanup costs. Friedland
continues his successful career through Vengold Inc. and Diamond Fields
Resources Inc., leaving behind US$20m in unpaid bills and a huge
environmental disaster estimated at US$100m. Friedland and others are being
investigated for liability for the damage under the U.S. Comprehensive
Environmental Response, Compensation and Liability Act of 1980, the
Superfund law, and the U.S. Attorney's Office in Denver is looking into the
case for possible criminal violations. ??
COMPANY: Diamond Fields Resources Inc. (CanCorp Company Number: CA024916)
Staking rush in Labrador
Northern Miner v.80(39) November 28, 1994 pg 1,2
Special Features: Photograph; Graphic Abstract available
Descriptors: Mines and mineral resources--Newfoundland; Labrador
Drill results from Diamond Fields Resources' Voisey Bay project on the
east coast of Labrador showed base metal mineralization grading 2.23%
nickel, 1.47% copper, and 0.123% cobalt. The company will begin a $1m
expanded stepout drill program in conjunction with additional ground
geophysics. The discovery is causing a staking rush, with over 6,000 claims
staked. Noranda is believed to be the most aggressive major, although much
of the staking is being done by individuals or junior companies. Diamond
Fields has a 100% option on the Voisey Bay project, subject to a 3% net
smelter royalty payable to Archean Resources. ??