Dolat Ventures Reports Diamonds Trump Gold as Investor's Best Friend
01 August 2012 - 10:00PM
Marketwired
Dolat Ventures Inc. (OTCBB: DOLV) an exploration diamond
development company focused on West Africa, is pleased to report an
article published by Shai Ahmed the CNBC Associate Editor on July
12, 2012.
"Investors should be putting their money into diamonds, as the
precious stones represent the best safe haven available right now,"
Philip Manduca, Chief Executive Officer at Titanium Capital
Partners, told CNBC's Squawk Box Europe. "You should have been
parking your money in diamonds for some time now. They are
portable, liquid and there are no storage costs unlike other asset
classes. You get to enjoy them while you have them. It's been a
wonderful place to be and will be a very good place to be in three
to five years. Even better than my key recommendation which is
gold. For now investors should be in diamonds," he said.
DOLV is very excited to finally begin mechanizing its diamond
and potential gold mining operations in Sierra Leone. The Company
believes there is significant potential to enhance the existing
geological data to support the rapid expansion of production which
will help the company secure additional financing.
Dovid Hauck, President of Dolat Ventures stated, "I am looking
forward to returning to Sierra Leone to implement and maintain our
local operations to help ensure a steady production stream of
diamonds and potential gold. The Company is dedicated to a social
investment strategy in Sierra Leone and is in the process of its
plans to help create local employment opportunities and encourage
social development through green energy and water projects."
About Dolat Ventures Inc. (OTCBB: DOLV) www.dove-diamonds.com
Dolat Ventures Inc. through its wholly owned subsidiary Dove
Diamonds & Mining intends to sell, market, cut and distribute
its diamonds and gems around the world. Dolat's Millenium Mining is
located in the Sewa River, located in the heart of Sierra Leone,
West Africa formed by the junction of the Bagbe and Bafi rivers; it
flows 150 mi (240 km) to join the Waanje River and form the Kittam,
which empties into the Atlantic Ocean. The country's most important
commercial river, it has historically produced the bulk of Sierra
Leone's diamond exports. The company intends to wholesale its rough
and uncut diamonds globally.
Forward-Looking Statements This press release may contain
certain forward-looking statements within the meaning of Section
27A of the Securities and Exchange Act of 1933, as amended, and
Section 21E of the Securities and Exchange Act of 1934, as amended,
and such Forward Looking Statements are intended to be covered by
the safe harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainties. All
statements other than statements of historical fact in this
announcement are forward-looking statements, including but not
limited to the viability of the company's business plans, the
effect of acquisitions on our profitability, the effectiveness,
profitability, and the marketability of the Company's products; the
Company's ability to protect its proprietary information; general
economic and business conditions; the volatility of the company's
operating results and financial condition; and other risks detailed
in the Company's filings with the Securities and Exchange
Commission.
These forward-looking statements involve known and unknown risks
and uncertainties and are based on current expectations,
assumptions, estimates and projections about the company and the
industry. The Company undertakes no obligation to update
forward-looking statements to reflect subsequent occurring events
or circumstances, or to changes in its expectations, except as may
be required by law. Although the company believes that the
expectations expressed in these forward-looking statements are
reasonable, management cannot assure the public that their
expectations will turn out to be correct, and investors are
cautioned that actual results may differ materially from the
anticipated results.
Dovid Hauck President TEL 212-502-6657 FAX 212-501-2077 EMAIL
info@dove-diamonds.com
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