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DIADEM RESOURCES LTD V.DRL



TSXV:DRL - Post by User

Post by GoWestMooseon Aug 08, 2010 10:11pm
389 Views
Post# 17332282

Confidence!

Confidence!Insider Trading = Good News!

Diadem Resources Ltd. (DRL)

As of August 7th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Aug 05/10 Jul 30/10 McKnight, William Hunter Direct Ownership Options 11 - Acquisition carried out privately 100,000
.140
Diamond in the NORTH = Good News!

More diamonds found at Chidliak project

PANNIQTUUQ/PANGNIRTUNG - The number of diamond discoveries keepsclimbing at Peregrine Diamonds Ltd.'s Chidliak project, which is located133 km from Pangnirtung.
Late last week, the company - which is spending $13.5 million onexploration work this summer - announced workers had discovered anadditional six kimberlites (diamond-bearing rocks) at the site, bringingthe grand total to 32. About 20 local employees hailing fromPangnirtung and Iqaluit are working at site.
"Peregrine has obviously been enjoying great exploration success onBaffin Island and many residents and businesses have also benefited fromour activities," Peter Holmes, Peregrine's vice-president ofexploration, wrote News/North in an e-mail.
Peregrine's share price stood at $1.83 on Thursday.

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