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Sunday, 01/17/2021 5:58:45 PM

Sunday, January 17, 2021 5:58:45 PM

Post# of 46
DMIFF .08 - South African Diamond producer - 65 million shares outstanding, in mothballs while china virus protocols in place.

http://www.diamcormining.com/

Scheduled to resume operations last month (Dec) but haven't heard anything about that yet.

"The company intends to resume these payments in conjunction with the resumption of operations at its Krone-Endora at Venetia project, in South Africa, in December." from 12-1 2020 PR linked below. https://www.miningweekly.com/article/diamcor-mining-remains-focused-despite-covid-19-impacts-2020-12-01

From same PR, these guys are clearly capable of producing.

"In total, ongoing trial mining exercises at the project from inception through to September 30 have resulted in the incidental recovery, tender and sale of 15,631 ct of rough diamonds, generating revenue of $25.9-million, resulting in an average of $165.84/ct."

They'd just got their heavy equipment when the china virus hit. http://www.diamcormining.com/

Presumably once they start up again, this will create an economy of scale unlike anything achieved so far.


VISIT the MINING & METALS Board. http://investorshub.advfn.com/~*~Mining-and-Metals-Du-Jour~*~-15977/

[chart]investorshub.advfn.com/uimage/uploads/2020/12/15/aqwkcgiant-gold-copper-silver-