Blue Diamond Ventures Inc (BLDV)

[TASHI]

EarnestDD, you apparently spent some time on your DD today. However, your message does not resonate with me since I my views of upcoming changes with Blue Diamond Ventures, Inc. are different than yours.

I would not expect Blue Diamond Ventures, Inc. to be listed in your link from the Renewable Fuels Association (RFA). This list of Ethanol Biorefinery Locations show about 99% of these plants use corn as a feestock. Using corn means higher costs to feed livestock and higher food prices to the U. S. consumer.

It appears that Verenium of Jennings, Louisiana is only plant listed here that uses sugar cane as feedstock.

If there is an announcement regarding Blue Diamond Ventures, Inc. acquiring an ethanol plant, their name will replace the current one on the list. In that case, I believe that BLDV will use sugar cane and molasses as feedstock for the production of ethanol.
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Please see my previous posts regarding your SECO link and their outdated website. Updating a couple of lines on a list does not refresh the complete web page.
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Regarding your list of Biodiesel plants, my view is that there may be three biodiesel plants on your list that Blue Diamond Ventures, Inc. has already made offers to buy.

The National Biodiesel Board list contains a large number of biodiesel plants using soybeans as feedstock. I believe many of these soybean based plants are probably operating at a deficit (red ink). Again, BLDV has probably made offers to companies on this list.

Please refer to the last press release:

"Blue Diamond Ventures Update: In Negotiations for Bio Diesel Plant in U.S.
Wednesday March 26, 8:30 am ET"

"We have been quietly doing the off-camera, unglamorous work, as we have made offers to three biodiesel plants in the United States. We anticipate reaching an agreement soon. As predicted, high soybean prices have halted biodiesel production at a number of plants in the United States. According to the USDA, soybean oil costs make up 80 percent of a biodiesel plants' operating costs. In 2007, prices jumped from 28 cents to 45 cents a pound and continue to increase. While our plans are still to construct a biodiesel facility in Belize with an eventual capacity of 100 million gallons per year (GPY), using non-food crops, our immediate objective is to generate income."

Please stay tuned for that press release as I know you will...





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