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Diamond Fields Resources Inc. V.DFI


Primary Symbol: DFIFF

"Diamond Fields International Ltd is a mineral exploration company. It is engaged in the exploration and evaluation of mineral properties in Namibia, Red Sea, South Africa and Madagascar."


GREY:DFIFF - Post by User

Comment by TadeuszAon Jun 28, 2005 1:27pm
208 Views
Post# 9219181

RE: New topic. (Tad)

RE: New topic. (Tad)Well, I was told by DFI that the 4,500 carats per months (average) are expected when this ship is using 70-80% of all the available mining time (mining capacity) only - which gives them 20-30% slack for further prospecting, maintenance etc. It sounds reasonable to me. There are other (just prospecting) Companies like Ashton Mining (ACA - TSE) with 80 million shares outstanding (more than DFI ) and $1.20 share price. Are you telling me that DFI with its diamond production can’t go higher than that? I’ll say that DFI will go above $1.00 in less than 6 months - easily. TA
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