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Bullboard - Stock Discussion Forum DIADEM RESOURCES LTD V.DRL

TSXV:DRL - Post Discussion

DIADEM RESOURCES LTD > Nice action lately!
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Post by Simon1707 on Jul 23, 2010 4:46pm

Nice action lately!

DRL is starting to move pretty nicely...

we do have some stocks to chew in front of us...

but the late action plus our new partner should make things interesting!
Comment by pmrider on Jul 24, 2010 1:05pm
Simon:There is some paper to go through, but not alot.  Had a good look at the PP paper that came free trading in the last batch and there might be a 500,000 to 1,000,000 shares that will sell in the .20 range.  From what I understand, most of this is because they will be looking to exercise warrants.  Great to see that the entire play is moving forward with DBL advancing well in ...more  
Comment by Simon1707 on Jul 25, 2010 12:26pm
Once again, thanks for your input...Like you said, if they want people to exercice their options, these PP holders will probably sell their shares on the market to pay for the warrants...We will see how it works, but with the drilling anticipated and the potential there is, there is a great chance some people might hold on to their shares...  this new partner onboard might help us to build ...more  
Comment by pmrider on Jul 26, 2010 5:29pm
I noticed that the Private Placement did close today.  That's great news.  Been a long time coming, but the next 30-60 days are going to be really, really interesting.  Bigger drill and it will be interesting to see how many diamonds show up in the drill core.  That happened the last go round.  Lots accomplished so far:  Financial mess has been cleaned up, money ...more  
Comment by awr4sc1 on Jul 26, 2010 7:38pm
Just to follow up with what you were referencing pmrider https://www.cbc.ca/money/story/2010/07/23/harry-winston-kinross-diavik.html Article on Harry Winston and the future of Diamonds
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