Red Dog diamonds in Carbo
MONTREAL, QUEBEC--(Marketwire - Nov. 30, 2010) - Big Red Diamond Corp. (TSX VENTURE:DIA) (the "Company" or "Big Red") is pleased to announce that it has entered into an option agreement to acquire 100% interest in four properties located in the Carbo area of north-eastern British Columbia.
Big Red has entered into an option agreement with prospector Ken Smith to acquire 100% interest in the South-East Cap. South Cap, North Cap and South Seebach properties by making a cash payment totalling $35,000 and issuing, upon regulatory approval of this transaction, 500,000 common shares and issuing an additional 500,000 common shares at the first anniversary of the approval.
If Carbo is the next pass mountain as Mariano states, then why not buy this stock at .06, instead of an over priced CIN @ .66?
For those clowns that have stated buying $100k of CIN, you could have bought this property... LOL