Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Red Mile Minerals Corp V.RDM



TSXV:RDM - Post by User

Bullboard Posts
Post by sky50on Mar 07, 2007 10:13pm
206 Views
Post# 12377174

De Beers buys cheap sells high

De Beers buys cheap sells high Its great that De Beers is still working on the property ,however they are well known to work with the insiders to cut a cheap deal if they want the property. Snap Lake as an eg. De Beers bought from Winspear Diamonds for $30,000,000.00 . The sareholders were not happy but the insiders held so much stock they were able to vote the deal through .This was for a property that showed a minable resource of 22.8 million tonnes.I don't know how many shares are outstanding with Rhonda but you can see if its 30 million or less you are not going to see much of a return.I guess any return would be a positive return at the moment.
Bullboard Posts