Diamond Fields International Ltd (DFI.TO)

They suck diamonds off the ocean floor in Namibia. The stock is off 64%. If you want diamonds, buy Aber Diamonds (ABZ-T) instead.

(A Top Pick June 9/04. Down 6.5%.) Buy on weakness. A couple of their projects didn't work out as well as anticipated. Wait for word on their offshore project in Namibia.

Their offshore diamond project in Namibia is about to go into production. Not getting much recognition for the cash flow this will spin off. Smart management group. A lot of exploration upside.

Don't know the financials on this company, so can't say buy or sell. Canada and diamonds are coming together now, so the diamond sector seems to make a lot of sense.