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somebody at the presentation told me that they think that there probably is more then 5M.
if these guys get a good sniff of Nickel this summer the stock will go nuts......
down again in Germany this am, good volume again.......
very happy to see it rise, hope there is good news coming and we can keep this climb going.
amazing story and very few people follow it.
I hear they had a great European trip and have some big new followers........
December has another hot pick!!
weak start in Germany.....down another 5% at 92 euros ;(
stock is on fire, no-one seems to know about it.......
np, must have been a great presentation....
This is from a Presentation AFA did on Friday in Montreal, from another board:
Good morning everybody!
Before we get to the presentaion, I would like to take a moment to thank our research team who attended The Dick Foster presentation, and especially our research Professor, who contributed to most of what you are about to read!
Here we go!
Did you know that Nambia is the largest diamond producers (by value- average carat value of US $276)? And in 2001, over 60% of Nambia's 1.6 million plus carats per year diamond production actually came from the sea (95% of the diamonds are of gem quality)?
These are just some of the interesting points welearned at the presentation of the Afri-can Marine Minerals held in Montreal on Friday morning.
The man at the helm of the discovery, Chief geologist for Afri-can Marine Minerals, Dick Foster ( formerly of De Beers) is your salt-of-the earth geologist with a catchy South African accent. He holds a BSc in geology (graduated with honors) from Imperial College of the University of London: he has far-reaching experience in the marine diamond industry, what with 32 years working for De Beers before retiring in 1996. With De Beers he was Geological Manager for 11 years, where he was extensively involved in the management of exploration and mining programs.
What particularly caught our attention is the fact that Dick led the team that discovered major diamond deposits on the mid-continental shelves (in the ocean)off South Africa and Nambia during his tenure with De Beers.
The presentation, through projected maps and photos, clearly showed where Afri-can Marine Minerals are exploring their property. Representing near-term production potential (and that is really significant) the northern concession, the Woduna (Block J) concession area, is adjacent to a region where Marine and Coastal has estimated inferred diamond resources exceeding 4.25 million carats.
Due to tidal currents, many of the rivers flow eastward, landing in a rather narrow shelf off the east coast. However, due to certain geographical sloping, the westward flow that spills onto a much wider shelf, has shown very extensive rich deposits. And here is where Block J is located.
Diamonds in a nutshell: (website info)
Diamonds are found in volcanic pipes known as kimberlites. These kimberlites are areas of thick continental crust that are more than 2.5 billion years old. Most of the mineralized kimberlite pipes were embedded in the (present day) Orange and Vaal River drainage systems during the Early Cretaceous Period, dating back 90 to 120 million years. Erosion plays a role in this process, and it is estimated that the uppermost 1,400 meters of the pipes int he Orange/Vaal catchment area were removed and transported in the sea westward drainage systems. An estimated 3 billion carats of diamonds have been delivered to the sea, with the majority of which lies north of the present day Orange river mouth off the shores of Nambia.
Diamonds in marine areas are typically trapped in bedrock depressions eorded from various structures such as bedding planes, faults of joints in hard bedrock. These form gullies, potholes, basinal depressions, channels and other trapsites for diamondiferous deposits.
Mining diamonds: (website info)
Since the early 1990's, mining technology has become availalbe for the commercial exploration of marine diamond deposits. De Beers were the frist to devleop the mining technologies known as the vertical and horizontal systems. The vertical system uses a 6-7 meter diameter drill head to cut into the seabed and suck up the diamond-bearing material. The horizontal system uses remote-controlled vehicles, known as seabed crawlers, which move across the sea floor pumping up gravel to the mothership to be processed. In both cases, the diamond-bearing gravel is screened or sized and a diamond concentrate is recovered and sent to an X-ray recovery plant. Both NAMCO and Diamond Fields use variations of these two technologies that take into account the sea floor conditions of their mining concessions. With the commercial application of new mining technologies at increasing water depths, marine diamond production is expected to continue to grow in the future.
AFA relies on specifically outfitted boating vessels provided by IMB. One of the unique aspects of these drilling boats is a massive drill driving throgh the center of the boat, allowing for the boat to act as weight behind the drill. It is clear: it is safe: it is extremely cost and time efficient.
Unlike metals, diamonds rely on inferred and ???? estimates for resource counts in establishing the company's value.
Another point of interest that Dick mentioned, and something that indicated to us that AFA has some of the best minds in the diamond business, is that Afr-can Marine Minerals is going to the identical depths that De Beers has gone, which is precisely where De Beers discovered their bounty; one hundred and twenty meters in the seabed.
No other diamond mining company in the region has drilled to these depths except for Afri-can Marine Minerals and of course, De Beers.
Because of the marine location of these diamonds, you will find a smoother surface on these gems. Just as wind and water affect stones on mountains and rivers, so does the lapping tide affect diamonds. Dick spoke with such enthusiasm about his work with Ari-can Marine Minerals that you could not help but leave at the end of the presentation with that contagious feeling that you caught the bug. The diamond bug, that is.
On a brief political note, the Republic of Nambia obtained its independence from South Africa in 1990. They have established a constitution, recognized as one of most democratic in the world. The government is a multi-party unitary republic, boasting one fothe most politically stable, well-developed countries in Africa.
LETS DISCUSS MONEY AND VALUES
In order to understand what AFA shares are worth, we addressed this question to the president and CEO Pierre Leveille!
He told us the simplest way of calculation as far as determining an idea price per share all one has to do is calculate one million carats equals $0.50 to $0.60 cents a share!
you also have to keep in mind that diamonds are different then gold in calculations as diamond are as you find them , its like a squarrels gathering food to fill their nest!
as for gold they drill to prove up a resource!
After hearing all the information about this amazing country, we as a team believe that AFA is walking the same foot-print as De Beers, and for them to gather 4 to 5 million carats will be a reality in the future!
as far as the share price $2.50 to $ 3.00 on their first endevers, for us is a given!
They also have much more blue sky after that!
I hope that you all learned something from our work, as we truly enjoyed telling it to you all.
I suggest that you all do your own due diligence
Herb
and Team
I think you are correct. This will close soon.
thats aowerful group to bring in
great news, let's see how many more big names they can land
News is out-read through the blah blah and you will see it is with Johnson Controls-big NYSE listed blue chip!!! this is huge news!!!!!
D Mecatronics Inc. Continues to Redefine the Quality and Performance Expectations of Their Customers, Which Led to Yet Another Purchase Order With Johnson Control Inc.
MISSISSAUGA, Ontario, May 23, 2007 (PrimeNewswire via COMTEX News Network) --
D Mecatronics Inc. (Pink Sheets:DMTN) designs, manufactures and markets industrial and consumer products. Through independent subsidiaries, we provide state of the art automation technology solutions to enable customers to dramatically accelerate time-to-market and increase revenue.
As a reflection of unsurpassed performance in delivering products, which offer methodically structured planning, early recognition of process risks, re-use of proven processes, traceable changes and decisions and access to scattered process knowledge, D Mecatronics Inc. is pleased to announce yet another purchase order of 800,000 U.S., awarded to D Mecatronics by Johnson Controls Inc. Johnson Controls (NYSE:JCI) is a global leader in automotive experience, building efficiency and power solutions (www.johnsoncontrols.com). Customer service and satisfaction is our top priority. This is only achieved by delivering a high quality system, backed by integrity and principle. We believe that the success of D Mecatronics is measured by our customer satisfaction. As systems integrators, we provide solutions that are driven entirely by our customer's needs. Our ability to listen, understand and respond to our customers' requirements are key factors in our continued success, and repeat contracts.
In light of our past and present achievements, management is delighted to announce that of the Company's revenue objective for 2007, D Mecatronics Inc. is positioned for continued revenue and profitability growth.
Mr. Berardino Paolucci, President and Chief Executive Officer stated, "We continue to be positive about the future of our business and the markets in which we participate. Demand for our automated products is expanding globally, including here in the United States, with D Mecatronics Inc. strengthening its competitive position and growing through aggressive expansion plans. Overall, we see many exciting opportunities for D Mecatronics technologies and products, which are increasingly needed in our changing world." Mr. Paolucci continues to state, "These new contracts represent just the tip of the iceberg of new project volume in our sales funnel that we are very excited about."
Drasko Karanovic, President and CEO of D&R Technology Inc. (a wholly owned subsidiary of D Mecatronics Inc.) comments, "D Mecatronics products have garnered international attention from prime manufacturers and trade media in anticipation of the tremendous productivity gains we are making in our field. D Mecatronics Inc.'s management team is considered veterans in our industry and in my opinion, considered the undisputed forerunners in developing state of the art technologies. D Mecatronics retains the intellectual property rights for their innovations in the production of IP Tube systems and Integrated Bend - Weld Systems and other projects."
Today's automotive enterprises must continually increase their productivity in order to compete effectively. This requires shorter delivery times, reduced operating costs, optimal utilization of capacities and optimized material and information flow, which is the continued primary focus D Mecatronics Inc. offers to our customers.
The D Mecatronics Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2180
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: D Mecatronics Inc.
D Mecatronics Inc. Dino Jr. Paolucci, Director of Public Relations (905) 625 -5111 dinop
tight..........
awesome!!!!! something must be up, wonder if we will get news soon?
just got in and checked my quotes-nice finish to the day!!!
that is big news-retail product in the drug stores.....VSHC owns a lot of VMCS should be good for both.....
have not seen it yet, hoping someone can post it......
even a baby ARU, settle for an Iamgold from here...:)
big time
Dave Patterson is on a European tour to speak at a big conference in London then on to Paris and Geneva to meet big European institutions.
this will start climbing again soon, the PP won't take long to fill......
don't sweat it E, if the company focussed on delivery of product, contracts and pr's they would be at 15 or 20 cents by now, good news for us is they are slow and we get to buy more cheapies......the float on this has tightened up considerably if you look at the last 6 mos. of trading. Someone or several groups have accumulated stock-never has a big drop on large volume, always small sells driving it down.
oohhh a conspiracy-didn't know George was in on this play.......what a joke, people who don't know the story, or missed buying it cheap-I guess they can't break the piggy bank open to buy stock at 6 cents-all they want to do is bash and make lame accusations. The story will unfold and they will miss out-too bad.
Donini looks great
hey DNNI was a bit down from earlier this week but now its on its way back up. this stock is really undervalued, also a New PR is rumored to come out next week! keep your eyes on this one! ;)
Hey DNNI looks good
DNNI was on sale and now its back up at 6 cents... it wont be too long before this one hits double digits. The stock is undervalued, pick some up b4 it continues to go up.
wow its looking great!
today is a pretty slow day but should pick up speed next week
thanks for the update!!!
next week things will really pick up a bit
Hey DNNI is cheap nows the time to buy.
Joint venture news out next week!!!
Hey DNNI is cheap nows the time to buy.
Joint venture news out next week!!!
Hey DNNI is cheap nows the time to buy.
Joint venture news out next week!!!
Hey DNNI is cheap nows the time to buy.
Joint venture news out next week!!!
time to scoop some cheap shares!
hey guys have take a look at CPP
Coastport Capital is a gold play that looks like it could be the next ARU its right beside the ARU site so mining gold is guaranteed. The stock is undervalued but it wont stay this way for very much longer
December is right, give this story a chance to build......$$$$$$$for all
absolutely.......
that will be big for these guys....$$$$$in the bank to drill