beat expectationsHW has tremendous upside from these levels. Load up and hold for a very big win in due course.
from Salman Partners in Vancouver -- Morning Note:
Diamonds
Markets turned up early in 2009; and Harry Winston beat expectations
Harry Winston Diamond Corporation (HW – TSX), an up-market miner andretailer of diamonds, yesterday reported its results for the three months ended July 31,
2009 (a loss of US$0.32 per share, or plus US$0.01 per share before non-recurring
item, versus consensus expectations of a US$0.07 loss),
They also recommend buying one other diamond play:
We continue to recommend investment in the world’s largest undeveloped diamond mine via the shares of MountainProvince Diamonds Inc. (MPV-TSX; Cdn$1.72; BUY
MPV had the Gahcho Kue deposit in the Northwest Territories -- over 60 million carats in the deposit so far (and could be even bigger with further exploration).
L.J.