DiamondWorks (DMW)

[TadeuszA]

An update on Koidu will certainly make us feel better, but I have a doubt that it will improve our share price in any significant way in the long run - it may move us closer to brake the previous high of $ 2.00
The problem is that at present time ( at least it seems to me that way) Company has no interest to see that happen. They know, that Q4 results which we should see at the end of this month are bad so, all the efforts to promote Company now, will not be fruitful.
I would think, that as a countermeasure to typical negative reaction to Q4 results we should see some of the positive news around the same time.
When I consider that Q1 2004 and all the future results for years to come, will be very positive than I could see DMW becoming more serious on getting out and spending some money on self promotion.
However, we can’t be sure that “some Company”will not put forward its Court claim against DMW as they think, that they got the legal rights and title to Koidu.
There maybe other sorts of things that can go wrong as it was with Zambia, but so far everything looks good.

Regards TA