See www.riverdiamonds.co.uk !!!

Well done Oilyrag - I should have stayed with this! Ah well...

Oh well, just been suspended, pending an announcement about third party possibly reversing in. This should mean a nice jump in price, Question is who? My monies on whoever we own 19% of westech through.

Templar Minerals? - I'd forgotten about them! Damn... Good luck - you should do nicely out of this.

No effect on TMP price (yet) - not even any transactions in that (yet). Await developments with interest...

It wouldn't be TMP because that would be a merger, or a buyout, both companies are quoted here, so it has to be another party from a foriegn exchange or a private company. Walter H Berukoff of Red Lion management, of Vancouver, who are a merchant bank for Westech, could be behind the reverse takeover to gain a London listing. if so we are onto a winner.

anyway, looks as though you picked a solid winner here .... well done!

Any guesses as to who might be behind current developments.

If it was Templar involved in the reverse takeover, I would have thought they would also need to make some sort of statement and/or suspension.

Rumour has it, on advfn, that possible return Feb-March 08 at 13p to 15p. Heres hoping.

If thats turns out to be the case then TMP could be wotrh 10p a share. If RVD facts turn out to be true, then TMP, may be a back door into a nice profit early next year.

I'm still on these, bought on a whim so don't know much about the company or why we are suspended. but looking interesting.

River Diamonds PLC
30 November 2007

30 November 2007
AIM: RVD



River Diamonds plc

('River Diamonds' or 'the Company')



Result of EGM



River Diamonds announces that all the resolutions proposed at the Company's EGM,
held today, Friday 30th November 2007, were duly passed.



Enquiries:


Colin Orr-Ewing, Executive Chairman Laura Llewelyn/ Beth Harris James Joyce / David Porter
River Diamonds plc Parkgreen Communications W.H. Ireland Limited
Tel: 020 7352 4117 Tel: 020 7851 7480 Tel: 020 7220 1666






This information is provided by RNS

Another possible name to enter the fray is Lesotho Diamonds. They are the biggest diamond producer in S Africa and they may be after a listing in London. If it is them, then we are onto a massive payout.

The other rumour going around at the mo, is that RVD may end up with 100% of the Emporer gold mine, this is why they floated extra shares to raise start up costs.

Whatever the truth, only time will tell. Until then, keep dreaming.

Latest RNS, RVD now hold 100% of the emporer gold mine in Fiji. They have made significant share placings with institutional holders at 6p per share. All they need now is share holder approval and were in the money.

50% dilution with new shares issued, but a significant increase in company value. This also makes TMP a bargain at the moment as they hold 280 million shares in RVD.

Yes looking good to me why the drop at TMP

To let their mates in.

>why the drop at TMP
>>To let their mates in.

Well seems they're now in, given that offer price (for TMP) went from to 2.25p in the morning to a peak of 3.75 in the afternon - before finishing at 3.5p.... ;-)

Merry xmas and happy new year everyone.

Possible return to trading third week of Jan 08.

Miners pulled out in time as FIRCA order stops fuel
Last updated 2/16/2008 9:20:15 AM
From: Fiji Sun

Mining at the Vatukoula gold mine was suspended because of shortage of fuel to provide electricity for mining. Vatukoula Mine Workers Association president Viliame Sikuri said miners working on the Thursday evening shift had to be pulled out of the mining shaft because there was no power to provide ventilation underground.
He said mine owner Westech was only informed after someone assigned to buy fuel was turned down by the bank because of a garnishee order placed by the Fiji Islands Revenue and Customs Authority.
The garnishee order by FIRCA has caused a lot of problems, not only to Westech but the whole mining community, he said.
The action taken by FIRCA was unacceptable because it didn't inform the company that a garnishee order was in place and resulted in all mining activity ending abruptly because there was no power.
He said FIRCA's actions could have cost lives.
We had to immediately pull the workers out because if the power had shut down, lives would have been lost, said Mr Sekuri.
FIRCA should have done the decent thing and inform Westech so it can prepare itself and mining could have continued without any interruptions.
FIRCA does not seem to understand the risk involved in mining. Some of the workers could have died and their negligence frustrates us more.
Westech has recently been stopped from exporting gold because of unpaid tax issue.
The mine employs over 500 people and hopes to recruit more people within the next three months if all goes well.
Efforts to get comments from FIRCA chief executive Jitoko Tikolevu last night were unsuccessful.

One National News

FIRCA considers proposal to lift stop order on gold export
19 Feb 2008 00:49:48

The Fiji Islands Revenue and Customs Authority is now considering a proposal from Westech to lift the stop order placed on its gold exports.

Chief Executive, Jitoko Tikolevu says they're conducting checks on the mining company and will hold a meeting before the end of the week to find an amicable solution.

Earlier this month, FIRCA stopped Westech Gold from exporting gold over what was described as the mining company's non-compliance with a tax assessment..

And over the past 10 days both parties have been holding discussions without anu resolution..

FIRCA is now carrying out further checks on the company..

Not giving much away, Tikolevu says while export dollars are at stake the company can't avoid its tax obligations..

Westech Gold last year had paid out a sum of seven hundred and 50 thousand dollars to FIRCA after a garnishee order was issued...

No comments could be obtained from Westech's managing Director Brian Wesson.