Vaaldiam Mining Inc VAALF

RE: RE: RE: RE: NEWS!

[lsnice]

Prices can rise suitably on just the annoucement that companies intend to increase ownership in promising properties.  VAA certainly has enough ways that they could pay for the other 29% of Brauna without revenue from the next financials, but it sure would help!  I think their statements from the news release from the quarter ending Sept 30 pretty much confirms that there will be revenue since they spoke of Oct and early Nov results that were "better quality" than the previous quarter:

"Ore grade improved consistently since September with the opening of a second mining front that exposed substantial amounts of better quality gravels. Recovered diamond grade increased to 0.07 cts per bcm of gravel in October with 1,060 cts being recovered, and 949 ctsgrading 0.15 cts per bcm in the first 8 days of November, approaching the average resource grade of 0.16 cts per bcm. As the wet season approaches, management continues to monitor Duas Barras closely and may suspend activities should rainfall prevent the accumulation of a higher grade ore stockpile."

Hopefully the rain held out for a while and the expenses aren't too high....