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

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Post by maninmotionon Jun 07, 2017 2:58pm

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Post# 26336834

private placement funding

why would the company offer shares at $0.85 per share when they are trading at $1.03 - last time shares were trading at $1.10 and company offered them at that price. This does not look good from an investment point (insider trading) especially when they discovered a valuable diamond just before the offer hmmm ??

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