U.W. thanks for the website. Wow, what a nice assembly of diamond exploration companies in Canada.
Especially fascinating/impressive was however, the reading on the Syngas Corp. (Fairchild International).

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Cheers. Radian sparkling Green, glowing Yellow, and Snow-y transparent power to all Taherians.
************

Have a few new photo's...
They increased the load limits another 2tons/axle on Thursday night... and increased the trucks to 4 every 20 minutes on Wed I think it was...
-Cam

#1 This afternoon heading to the diamond mines (1st message)
http://pic20.picturetrail.com/VOL127.../130042071.jpg

#2 This afternoon heading to the diamond mines (2nd message)
http://pic20.picturetrail.com/VOL127.../130042069.jpg

#3 Last week(evening) at the Nuna Dispatch-4trucks every 20 minutes lineup!http://pic20.picturetrail.com/VOL127.../130042068.jpg

#4 Tankers getting ready to leave!http://pic20.picturetrail.com/VOL127.../130042066.jpg

Above are today's/last week photos...

Below is one I found that I took from Jericho construction 2005...
#5 This Last year photo is a Semi with Silica bags heading up to the mine.
http://pic20.picturetrail.com/VOL127.../130042064.jpg

Thanks Cam, its great to see photos. Now I want to see some diamonds,
lots of perfect high quality diamonds.

Hope you have your name in at Tiffany's in New York for one of Tahera's pendants this fall...

The VP of Tiffany's started a 'waiting list' for anyone interested, and told us that the cut, polished and 'ready for sale' new Jericho diamond line products should be out around September, with Pendants starting as low as the $200-$500US range if I recall...(he told us they would start with pendants... perhaps because they seem to be appealing to both genders lately, with guys putting them on chains? Personally, I'll just enjoy seeing one on the wife's neck!) I leave that metro*** stuff for the non-red necks!

I'll look for the email he sent us if anyone's interested...

-NTC

Hmmm... that reminds me...
That last email I got fom him was when they weren't expecting Tahera's Jericho diamonds being produced until Q2... but since they're producing saleable diamonds about 3 months ahead of schedule... better recheck, and send him another email! :-)

Have a great week!

-NTC

Thanks for the pics Cam, it's appreciated.
D.

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Have a great one!

Hi folks. First I would like to say that I am very pro-Tahera. I am also quite new to investing.
After learning about it only a couple a weeks ago I bought 20k at .78
The lure of buying into a diamond mine that is all set to begin production for under a dollar is exciting and sounds lucrative.
The talk about the large no. of outstanding shares, options, reverse splits didn`t bother me but the following info has got my wife quite concerned about this investment and I can not in any logical way ease her concern.
You all may know that there has been some recent insider selling.
These sales can be verified through CSA - SEDI and the facts are...
Andrew Gottwald...
Chief Financial Officer, Vice President of Finance and Administration
sold 605,000 shares at .80 on Feb 1st. 2006...
Grant Ewing...
Executive Vice President, Corporate Development
sold 300,000 shares at .80 on Feb 2 2006...
Daniel D. Johnson...
Executive Vice President, Operations
sold 239,000 shares at.72 on Jan 30 2006...
Colin K. Benner...
Director...
sold 350,000 shares at .78 on Feb 6th 2006...

In short these guys Know the inside stuff and that full production is right around the corner.
Could someone please tell me (in a meaningful way) why these knowledgeable people would not hold on for a month or 2 if they thought that the share price was going to go up.
I don`t mean to rain on the parade . But really,there has to be a logical explanation for these actions.
Also I wonder if they would answer if we contacted them and asked them why they would do such a thing to the investors so close to the time that they have all been waiting for.

this is very interesting indeed.as a new investor myself,this seems to have raised a flag or to two. however ever thing i've read or heard is all good,but if its all good then why would they sell????.I'll be keeping a very close eye on this in the furture. thanks for that info.

7's

hey Randomlight,

valid an troubling questions. i suppose you can never trust anybody these days. especially when it comes to money. the timing is especially suspecious. why did they all the suddenly decide to "bail out" at the same time more or less? i don't like it one bit. but if they based their sale on insider info, wouldn't that be "illegal" so to speak? i smell something funny here. is it just me?

if someone sells off 600,000 shares like the CFO.. is that such a big deal if infact he owns 6,000,000 shares.. at 0.80 he netted himself 480,000+ in coin.. a nice bonus and doesnt really put a dent in his total ownership.. if you can find out how many he owns to begin with.. and its well into the millions.. than selling off 600,000 during a weekly high isnt such a big deal.. more like just taking a nice cut.. and that 'i still have plenty' sitting to earn me even more down the road..

however.. if he sold off his entire stake.. which i highly doubt.. than definitely... its a worry.. but i dont believe this is the case.. he probably just wanted some cash in his pocket by selling at a high point.. the highest it hit was 0.83 i believe.. and as of today its at 0.76.. so he sold off some shares at a high note and netted some pocket change..

thats what i believe anyways... anyone else?

That makes sense to me. I think people also find it troubling that so many of the company officials have sold around the same time frame. Could it possibly have something to do with the new year, RRSP season, or personal tax season? Just brain storming.

they all needed rent money in the new year . or money for grocery shopping . or had to fill up their SUVs? at today's gas prices? it's all possible. or all of the above. just a guess.

I tried to post the SEDI link but it won't work. In a nutshell, the insiders were Granted options in Dec. '05. Some on the first week, some on the second week. The lowest amount of options was 500k. Mr Gillin received 1.2M options. Some have sold all, some have sold some to hold some. Mr. Gillin has not exercised any of his options and holds approx. 12M options.

I agree, there must be a timing/tax factor to this. Had they exercised their options and sold the shares in Dec.,they would have to pay tax........right now. Whereas selling them now, they would be liable for the tax at this time next year. Which brings on another question; did they sell shares at this time last year ( I didn't look back that far) and do they have tax payable now, for those shares? If so, that would explain the need to sell some more shares today, to pay for the tax implications of last years' sale.

As for me, I`m not worried. When Gillin sells, I`ll sell.

We went over this on the old thread a couple of months ago - options expire, they may have had to exercise them or lose them. Since they aren't all independantly wealthy, it is not unreasonable to suppose that rather than just lose them, the took the profit and ran - because if they don't, they still have to shell out the face value of the option... ...anyway, there are any number of reasonable explanations - the tax implications is another good one - for why they sold. Another good one that came up before is that options are a part of the compensation package for executives and yeah, they simply wanted the money.

Now. If they were selling their holdings, as well as exercising the options and dumping, then I would be worried.

I did contact Tahera and asked about the internal selling and got a reply.
I am not sure what it tells us but I do feel that it is my responsibility to report all if I am going to raise peoples concern.

The following is the reply they sent me.

"Hello Al,
Thank you for your interest in Tahera Diamond Corporation. All of Tahera’s directors and a large majority of the Company’s executive officers own Tahera common shares. In addition, Dundee Precious Metals (DPM), owns +11% of Tahera's issued shares. A director of Tahera is the CEO of DPM.

Trading of the Company’s securities by directors and management is performed in approved trading windows only. From time to time directors and management of the Company may buy or sell securities of Tahera as a result of personal financial planning activities conducted by each individual.
Regards,
Tahera Diamond Corporation"

Personally ...My alarm went from a red to an off colored geen for the following reason.

I knew that Dundee Precious Metals (DPM), owns +11% of Tahera's shares but I did not know that one of Taheras directors was DPM`s CEO.

I now agree with Chaching`s sentiment.
Untill I see Gillin and DPM sell I will not let the insider selling concern me.
I for one have sold none of my shares over this issue that I brought up.