Seems to me that when I suggested that the reason for the sell-off was due to bad news that we small investors didn't know about, I got jumped on. I believe I also suggested at the time of the reverse split that it sounded like Tahera needed money, and I got jumped on then too. Any one feel like reconsidering? antiki
Diamond Mine operations update
TORONTO, Oct. 11 /PRNewswire-FirstCall/ - Tahera Diamond Corporation (TSX-TAH)
announced today that its Jericho Diamond Mine continues to experience
operational issues. The mine has not yet achieved the nominal design production
rate of 2,000 tonnes per day. The process plant throughput rate averaged
approximately 1,700 tonnes per day during the third quarter, or approximately
85% of nominal capacity. A new crusher arrived at the site in August as
planned, and was operational by late September. The Company's longer-term goal
is to achieve an average processing throughput rate in excess of 2,000 tonnes
per day.

The average grade of kimberlite mined and processed to date is approximately
25% lower than forecast. The number of carats produced to date is lower than
expected due to the shortfall in tonnes processed and the lower than
anticipated grade. The majority of tonnes mined have been sourced from
low-grade resource material, and from additional low-grade kimberlite material
that was not included in the resource model.

Tahera is assessing additional financing arrangements to fund its working
capital requirements in the first quarter of 2007, as the fuel and other bulk
supplies for the full year are purchased at that time. The Company is also
discussing the deferral of certain payments due to Tiffany & Co. with respect
to the existing credit facility.

The Company expects to release its third quarter financial results at the
beginning of November.

Mr. Dan Johnson is Tahera's qualified person as defined in National Policy
43-101 who has supervised the preparation of the technical information included
in this press release. Mr. Johnson is an employee of Tahera and is not
considered independent of the Company.