Diamcor Mining Inc V.DMI

Alternate Symbol(s): DMIFF

Metals & Mining Industrial Metals & Minerals

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

Diamcor Mining Inc

Bullboard Posts

Post by Bobwinson Sep 17, 2015 12:39am

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Post# 24111205

Fundamental Research updated report

Commented on Q1 numbers. Said they are holding to their buy rating and price target of C$2.45.

Debt schedule shows $300K per month in debt payments start in 1/16. They had better get the damn plant going soon. Supposed to go 24/7 this qtr. I think that was supposed to happen about 2 years ago. Guess we'll find out pretty soon if they really have a diamond mine or a gravel pit.

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week