"2: The company is in negotiations for a increase in the Alluvial's with rosas and petalas"
This would be an interesting direction... If Endiama had a smaller piece of Alluvial project would we still be tied to selling diamonds through Sodiam (i.e we could sell at market prices without govt 'discount')?
Bit of a rhetorical question. I doubt this will happen, there are many government noses in the trough... Endiama/Sodiam/Enditrade/Alfa5... and let's face it the government is scrabbling around looking for cash-streams at the moment to keep its various entities funded.
GLTAH (but without an outstanding announcement(s) I'm expecting heads to drop to high 20's over next couple of weeks... hope I'm wrong) Still very confident this resource has the goods for a long-term profitable mine, but have watched s/p take an illogical dive on many occasions over the last 5 years.
Too much potential not to in at the moment IMHO.
LOM Price at posting:
35.5¢ Sentiment: Hold Disclosure: Held
Still very confident this resource has the goods for a long-term profitable mine, but have watched s/p take an illogical dive on many occasions over the last 5 years.
