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Re: thelonghaul post# 78688

Sunday, 11/09/2008 8:09:20 AM

Sunday, November 09, 2008 8:09:20 AM

Post# of 82105
I agree. A T/O is still on the table. I have not found any information on Dr. Didier DeBonggo or Darby Uguma. Perhaps, we have not been given the correct translation of their names into English. I think these people will become transparent once the comprehensive PR is released. No response to any emails is plausible until the P/R is released. This company is very careful what they are doing because of the ongoing SEC investigation. The company has disclosed to the public who the new officers are. I am more inclined that a buyout will take place. Sib Almaz and his group have already resigned and were replaced by South African people. This is a prelude to their exiting the scene.

Limpopo is a diamond rich province in South Africa. Home to the flagship operations of the DeBeers family. The Venetia mine is South Africa's largest diamond producer. It employs about 1,000 people. There are numerous other private diamond mines in Limpopo. These are mostly owned by empowered local blacks.