Arch,
Yes, GEMM would be a long term play which I've been holding since last fall. The short of the story is that they acquired new financing and partners to re-start a diamond mining operation in Brazil. The site was evaluated by DeBeers.
For more details visit their website which has a better overview and the latest management report under the news section.
http:\\www.juinamining.com
As with any penny, it is high risk, everyone should do their own DD.
Sara
Sara
"I never give them hell. I just tell the truth and they think it's hell." - Harry Truman