KIM kimberley diamond company nl.

action over kim fence

  1. GrahamMac
    1,219 Posts.
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    17/08/07
    20:02
    Post #: 2728626
    There was some 'Substantial Holder' action yesterday (16 August) on Blina Diamond's side of the Blina/Kimberley fence.

    Blina announced that Merryl Lynch will hold 14% of Blina Diamonds compared to its previous 8% holding.

    What that suggests to me is Merryl Lynch saw increased investment merit in Blina's recent drilling results.

    I did too (when Blina's drilling results were announced) and sold half my KIMs to buy some BDIs.

    Now begins the waiting game (for Blina to hit pay dirt big-time) that was rudely interrupted (for my KIM holdings) by a very pushy mob from London.
    KIM Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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