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To: cautious36 who wrote (6441)	1/19/2008 6:14:45 PM
From: Letmebe Frank	of 7117

Here's what the hard rock analysts had to say in their January report: Diamonds North (DDN-V; halted at $0.78) was halted this morning and has now delivered strong reverse circulation results from one of its kimberlite targets within its lead Amaruk project on the northwest side of Hudson's Bay. A total of 81.75 kg of material from the Tuktu-1 kimberlite pipe has returned 550 diamonds. Typically an early test of this size is considered a success if it returns 1 diamond per kg Results of this tenor are strong enough to bring diamond aficionados to the play. Tuktu-1 is a 1.2 ha target within a complex that is 3 ha in scale; adjacent targets bring the total surface area targeted here to 8 ha. These are the strongest preliminary results to date from Amaruk which now boasts three separate areas of diamond bearing deposits. Using an RC drill rather then a core rig has allowed DDN to move more quickly and at less expense, which is important in a project with over 500 targets to be tested. Concern has been voiced that the RC rig might damage stones, but we doubt anyone will argue with a count this strong. The stream of results from this program will continue. The dearth of new diamond supply is becoming a louder discussion within the sub-sector, and is beginning to leak into the general press as a story of yet another commodity shortage. As with our insistence that treating gold like a commodity was the best way to underscore its scarcity, we now like what we have been hearing about diamonds. Combining that with the scarcity of market stories to focus on (at least on the long side), we think this could become a strong year for diamond deals. With that as a premise and these results in hand, we are shifting our DDN outlook to strong speculative buy for on-going diamond exploration. diamondsnorthresources.com Stornoway Diamonds (SWY-T; $0.63) has made great strides advancing its Renard project in Quebec (50% JV with SOQUEM) but none of that is helping its share price. Work has begun on an official resource estimate that will focus on the larger Renard 2 and 4 pipes along and the higher grade but smaller Renard 3. The Lynx dyke will be added to this picture as well. Mini bulk sample numbers for Lynx released in December had a good grade of 1.07 carats per tonne, and included a 25 carat stone. While the projects continue to advance SWY is burdened with far too many shares outstanding and a lack of leverage. It might be worth accumulating in the current range but we would not pay more. Hold for Renard resource calculation. stornowaydiamonds.com Diamondex (DSP-V; $0.29) is a company about which we have said little in the past few years. Its first appearance in HRA was when we wagered on a higher take-over bid price for Winspear Diamonds from which it was spun out. Since then it has taken a lot of dilution in the expensive task of grass roots diamond exploration. Two recent discoveries by third parties, one diamond based and the other nickel based, make it worth another look right now as drill spec. The diamond news is from Santana Diamonds (STA-V; $1.60) which was formed early in 2007 to deal with a large block of ground in the area of Diamondex’s Lena West project. In September STA announced discovering kimberlite in this area, and in late December that initial drill results included a 0.55 carat stone. This discovery to the west of the main diamond exploration area in Canada’s north provides a “proof-of-concept” waypoint for DSP that has spent $18 million here to date. The nickel news is from the James Bay lowlands area of Ontario where Noront Resources (NOT-V; $3.89), which was looking for diamonds near DeBeer’s Victor discovery, announced a high-grade nickel discovery that has had the market buzzing since August. DSP has recently completed funding to test a series of targets in this area that, all things considered, have the same odds for nickel discovery as those tested by NOT. Diamondex has been proof that even for those with success in the diamond exploration game it can be difficult to move grass roots projects to the next level in Canada’s north. These two events will help revive interest in the company, but it will take some volume to lift the stock after the last five years of dilution. Stay on top of its progress through this winter season. Hold for drill starts. diamondex.net

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From: pocotrader	1/20/2008 3:43:37 PM
	of 7117

Thu Jan 17, 2008 Mexivada Discovers Two Large Diamonds at Malambani, Republic of Congo -------------------------------------------------------------------------------- Mexivada Mining Corp. is pleased to report the discovery of two large diamonds and probable kimberlite indicator minerals from a previously unexplored location on its 100% controlled Malambani Permis de Recherche concession, located near Mayoko, Republic of Congo. According to government records, mining of alluvial gold (+33,000 ounces) by the Avoine Company at Mayoko after World War II included their mining of a 22 millimetre, sharp-faced white gem octahedral diamond thought to weigh approximately 75 carats and a 7 millimetre blue-yellow colored diamond, during the gold dredging operations. They never found the source of these diamonds. Mexivada has been conducting systematic reconnaissance exploration mapping and sampling for gold and diamonds along the 8 by +23 kilometre long Mayoko Greenstone Belt at Malambani from its Mayoko field office. Heavy mineral pan-concentrate sampling in alluvium this past week led to the discovery of two diamonds in two pits (PDM17 and PDM19), located 100 metres apart from each other in a new area near Mayoko, within the boundaries of Mexivada's Malambani concession. The first diamond is a white, modified octahedron 7.5 millimetres in diameter, and the second stone recovered was a shiny 6 millimetre greenish-white colored dodecahedral diamond. The stones weigh approximately 0.1 gram each. The diamond indicator mineral chromite, as well as purplish pink garnets (possibly pyropes), were also found at these two sampling sites in the pan concentrates. Mexivada has applied for the necessary permits to send these minerals to the Gemological Institute of America ("GIA") laboratory in Carlsbad, California for examination, study, and verification by diamond expert John Koivula. Mexivada will continue its sampling-mapping program at Mayoko, in search of kimberlitic pipes that could host the diamonds and indicator mineral(s). Photographs of these recovered minerals will be posted to the Mexivada website. Although the Malambani property has had historic alluvial gold and diamond mining operations on it, the property is without a known body of primary kimberlitic or lamproitic diamond ore and Mexivada's activities to date have been exploratory in nature. Readers are cautioned that until a primary diamondiferous source body has been found and an adequate number of holes have been drilled and NI 43-101 compliant diamond testing analyses have been obtained, reviewed, and properly interpreted by qualified personnel, any conclusions as to the nature and extent of mineralization at Malambani must be considered speculative in nature. This press release and its contents have been reviewed by Richard R. Redfern, Mexivada's President, who is a Certified Professional Geologist and Qualified Person as defined under National Instrument 43-101. About Mexivada Mining Corp. Mexivada is a diversified Canadian mineral exploration company focused on identifying, acquiring, advancing, and joint venturing high-grade Gold-Silver, Molybdenum, Diamond, and Rare Metal exploration projects in Mexico, Nevada, and the Republic of Congo ("ROC"). Managed by experienced and successful board members and advisors, Mexivada is well financed with no debt. For further information, including area maps and photos, please visit our web site at www.mexivada.com or contact us by e-mail at info@mexivada.com.

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To: cautious36 who wrote (6443)	1/21/2008 7:49:01 PM
From: Letmebe Frank	of 7117

Interesting day on the markets today - fire sale prices available on most stocks. I bought back my DDN at 1.15 and picked up some NOT at 2.95 (Not a diamond stock, but one I just discovered our pal James is high on Subject 57380 ). I tried to pick up a nice bundle of SRM but I set my price too low. We will see what tomorrow brings. My guess is it will be an up day. How was the Vancouver show? Pescods letter said it was well attended: We are here in Vancouver at Joe Martin’s Cambridge House Mining show just to get a look/see at what some of the mining and oil and gas veterans think of the markets and their take on the future. With all the talk of recession and stagflation, it’s time to go to those with the grey hairs for a little comfort. And it was interesting that at the conference on Sunday, it was actually quite ebullient. Sure there was a lot of talk of ‘this is a good time to make sure you have cash’ and if you are looking at junior mining stories, you better make sure they don’t have too many shares outstanding, had a good project and most importantly, had money in the bank. In a market like this, it is suddenly going to be very hard to raise money down the road. (And oh yes, make sure your margin account is in good order). But other than that, people point to still high oil prices, still ebullient gold prices and while there is an awful lot of whining by analysts and investors alike, saying ‘how come with gold at $900 my mid-cap gold stocks are doing nothing’ (it’s only been the seniors running) and how come with oil at $90, many oil stocks are in the 40% to 50% off bin? As we said, it was interesting to see the optimism on on the floor and the convention was packed. Over 430 booths were here, with 1500 exhibitors and close to 10,000 in total attendance. As Randy Turner said, “if you wanted to do a jaunt around and visit all the booths, you had better pack a lunch.” It was that big and it was that busy.

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To: Bloomfield who wrote (6414)	1/22/2008 7:42:07 PM
From: Letmebe Frank	of 7117

Bloomfield, you mentioned earlier that "SRM has a fragment of a 14 carat diamond and they're at 50 cents." I've been looking for a re-entry point, and today I bought in at .40, picking up 20ks worth. Given "a non-brokered private placement announced Dec. 6, 2007. Shares: 4,263,266 flow-through shares Purchase price: 75 cents per share Hidden placees: 16" Getting the shares for 47% less that the placement price gives me some comfort;) And it has a modest market cap of $31,273,000. Last year you and Will had a discussion about SRM. siliconinvestor.com In this you said: : "...This may be prohibitively expensive, and doesn't include costs of exploration, prefeasibility/feasibility studies, marketing, and sustaining capital costs." A lot has transpired since then. How do you feel now about SRM's prospects? LMBF

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To: Taylor Mill who wrote (6043)	1/24/2008 10:19:13 PM
From: Letmebe Frank	of 7117

Explorers have been chasing diamonds in the area along and west of the Attawapiskat River since the 1980s, when De Beers began turning up kimberlites near the river about 100 kilometres west of James Bay. The pipes yielded spotty microdiamond results and it took the diamond giant over 10 years to bulk test Victor and commit to building a $1-billion diamond mine. Victor provides continuing encouragement to several plays in the area that are also finding mediocre microdiamond counts. De Beers has about 29 million tonnes of kimberlite in the big pipe and although the diamond grade is barely 0.23 carat per tonne, the gems carry an average value of well over $400 (U.S.) per carat. That suggests a gross value topping $2.5-billion (U.S.). The Weiland play lies just north of the Kyle-1 pipe and four other Kyle bodies that Spider Resources Inc. and KWG Resources Inc. discovered in the mid-1990s. Kyle-1 proved to be significantly diamondiferous, but interest in continuing the hunt waned several years ago. Chuck Fipke's Metalex Ventures Ltd. discovered a few kimberlites in the area. It attempted a 200-tonne mini-bulk test of one in 2006, but had to abandon the test when its permit expired. The company is still trying to get permission to resume that test and at least one other find is likely to get a closer look as well. Diamondex closed down two cents to 28 cents Wednesday on 30,200 shares. stockwatch.com This post was the stub back to an MTX investor Nathanc Message 23716099 LMBF

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To: Letmebe Frank who wrote (6450)	1/25/2008 9:24:25 AM
From: UPTICK	of 7117

Good news from NNA... 2008-01-24 15:03 ET - News Release Ms. Ellen Clements reports MICRODIAMOND ANALYSIS COMPLETED ON RIP, MONUMENT PROPERTY, NWT. New Nadina Explorations Ltd. has final microdiamond data from 2007 HQ large diameter drilling of kimberlite pipe Rip, located on the Monument diamond project at Lac De Gras, NWT. These diamonds add to previously reported diamond data, including a near-half carat stone reported in November, 2007. The microdiamonds were recovered from 1,195.0 kilograms of kimberlite, which brings Rip's cumulative diamond sample to 2,201.7 kilograms. Microdiamond recovery was completed by Saskatchewan Research Council Geoanalytical Laboratories (SRC) in Saskatoon, Sask. New microdiamond results (sieve size in millimetres) are tabulated in an attached table. NEW RIP RESULTS Combined 0.106 0.15 0.212 0.3 0.425 0.6 0.85 1.18 1.7 2.36 weight (kg) sieve sieve sieve sieve sieve sieve sieve sieve sieve sieve Total 1,195 239 108 81 49 36 15 8 4 1 1 542 The largest stone measured 2.8 by 2.2 by 1.8 millimetres and weighed 38.805 milligrams, which is 0.19 carat. Cumulative microdiamonds results from adjacent kimberlites Rip and DD17 are shown in an attached table. CUMULATIVE RIP MICRODIAMOND RESULTS Combined 0.106 0.15 0.212 0.3 0.425 0.6 0.85 1.18 1.7 2.36 3.35 weight (kg) sieve sieve sieve sieve sieve sieve sieve sieve sieve sieve sieve Total 2,201.7 406 197 147 100 53 28 15 6 1 1 1 955 CUMULATIVE DD17 MICRODIAMOND RESULTS Combined 0.106 0.15 0.212 0.3 0.425 0.6 0.85 1.18 1.7 2.36 3.35 weight (kg) sieve sieve sieve sieve sieve sieve sieve sieve sieve sieve sieve Total 2,137.6 315 246 200 80 69 34 12 7 1 0 0 964 These two pipes have similar diamond distribution, including larger stones with Rip reporting 24 stones greater than 0.85 millimetre and DD17 reporting 20 stones greater than 0.85 millimetre. The two larger stones from Rip, weigh 0.44 carat and 0.19 carat. A total of nine kimberlite pipes plus several unspecified related kimberlite dikes exist on the property. Untested targets include signatures with both positive and negative magnetic anomalies, and weak electromagnetic conductors, some of which are under swamps and lakes. A drill program is being planned for spring in 2008 to test as many as possible. The Monument property, located on the south shore of Lac de Gras, is owned 57.49 per cent by New Nadina, 22.11 per cent by Chris and Jeanne Jennings and 20.4 per cent by Archon Minerals Ltd., with a 1-per-cent royalty payable to each Kennecott Canada Exploration Inc. and DHK Diamonds Inc. The project is supervised by K.R. Kivi, PGeol, an independent qualified person as defined by National Instrument 43-101. Mr. Kivi has reviewed the content of this news release.

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