tipped by a broker today

Mana is next to the area that is currently having very good results by AFD.

I have shares in AFD but not Mana.

Bit from minesite hope this helps


In fact Mano River is a company well worth considering by investors if they feel that African Diamonds has soared far enough for the time being. In the time that the share price of African Diamonds has risen from 7p to over 50p, that of Mano River has advanced more sedately from 4p to 10.5p. It is exploring for world class gold and diamond deposits and already has close to one million ounces of gold in estimated resources, a cluster of diamondiferous kimberlites and a number of highly attractive early stage diamond and gold targets in Sierra Leone, Liberia and Guinea. There is now an increasing market recognition of the recent positive evolution in the regional, political and economic landscapes of these countries, and the rating of Mano River is starting to reflect this.
The company has recently been rewarded by the Ministry of Natural Resources for its loyalty to Sierra Leone with the award of a 9,700 sq km licence. This licence covers the whole of the south eastern quadrant of the country and is underlain by the ancient Archaean Man Craton, which is highly prospective for diamonds, gold and base metals. It extends from the world-renowned Kono Diamond Fields, where Mano already has licences, to the Liberian border. In the west of Liberia Mano discovered the first ever known diamond-bearing kimberlite pipes, now under Joint Venture with Trans Hex Group of South Africa. This is quite a track record and Mano is already discussing a possible joint venture over the new licence to include an airborne geophysical survey.
Tom Elder the CEO, was at Minesite's Forum on Tuesday and confirmed that the licence actually covers nearly 15 per cent of the whole of Sierra Leone and consists of highly prospective, under-explored, diamond bearing terrain. He has a good team and will make the most of this opportunity. Why diamonds, you may ask, when base and precious metal prices are performing so well? James Picton, one of the world's leading diamond analysts, is best qualified to answer this as he has devised a chart which shows that diamonds are outpacing gold in price and should continue to do so. He reckons that we are facing a decade during which production of rough diamonds will be insufficient to meet demand. Last year , according to Picton, rough prices rose by 20 per cent and he expects something similar in 2004. In such a situation there is bound to be investor interest in the most successful explorers and these are more likely to be in Africa than Canada or Australia. Key Data

I think it is worth a punt. All is in place for discovery. The only determent is the political situation in those countries. However it is still a punt. Just need to find the dip or the consolidation price range so I can buy. thanks

i bought it on fri, and looking forward to make profit.

must be good news for prices??

>> banjomick

Thats a great name you got there!!

When I chose my name, I didn't know I was like choosing my name (but you obviously did)!!

Sorry it's late and I'm pissed !!

regds
gk

lol,gallick
mana on the up?(maybe)