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Diamcor Mining Inc V.DMI

Alternate Symbol(s):  DMIFF

Diamcor Mining Inc. is a Canada-based diamond mining company engaged in the mining, exploration, and sale of rough diamonds. The Company's primary focus is on the mining and development of its Krone-Endora at Venetia Project, which is co-located and directly adjacent to De Beers' Venetia Diamond Mine in South Africa. The Krone-Endora at Venetia Project consists of prospecting rights over the farms Krone 104 and Endora 66, which represent a combined surface area of approximately 5,888 hectares. In addition to the advancement of the Krone-Endora at Venetia project, the Company also reviews and pursues other mining opportunities in South Africa and other mining regions. The Company focuses on the acquisition and development of mid-tier projects with near-term production capabilities and growth potential. It also focuses on acquiring projects which deal with the processing of tailings reserves.


TSXV:DMI - Post by User

Bullboard Posts
Post by Jentaion Feb 03, 2012 11:03am
518 Views
Post# 19485558

warrants expiring

warrants expiring

.50 warrants are expiring on February 8th. Unless stock price increases by 5% to10%  by the expiry date, most of them will expire without being exercised. It will be interesting to watch price fluctuation early next week. It depends how bad DMI needs extra cash at this point at the expense of stock dilution.

Bullboard Posts