PCP paramount mining corporation ltd

one to watch, page-4

  1. 1,323 Posts.
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    re:hmmm please explain Well Not sure what to make of this one. Anoucement not very clear..... Is this the old Akwatia diamond mine itself???? or is it a satellite concession... Recently GCD (Ghana consolidated diamonds) a state owned company virtually collapsed and the property was auctioned off with Sappers and Associates (private US firm) bidding an astronomical $38 million. However they failed to come-up with it.

    Not sure if we are dealing with the old mines concessions or a satellite ??? Can Maureen tell us.

    If old mines then all sorts of debt is involved.

    Secondly if the area was sampled in 1997 how much of it is left as at last count there were about 2000 small scale miners in the area working GCD's concessions and surrounds.

    I would like to know more before I buy
 
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