Actively exploring for Diamonds in the Wawa - chapleau area of Ontario.

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Message: Re: News 5/5/09

Re: News 5/5/09

posted on May 05, 2009 11:23AM

Great news as now COD. has potential for gold, base metals and diamonds. With the economics of today the company looks to have a future. If the commercial real estate bubble pops, from the lack of consumer confidence. The banks will need more dollars to stay solvent, and gold will become the asset of choice for investors. Thus COD.'s gold assets could become their priority. If the economic problem is over the base metal assets will be their priority if proven economical. The diamonds I believe they will look for a JV. with a company that has diamond exploration experience, like De-bears. With huge property and so many targets to drill, I think a JV. with a company with $'s to explore would be welcomed. I like that COD. has more assets then the diamonds, to explore for. As it gives them options in these complicated economic times.

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