re: great post forthcoming activity Hi Tokyo
Did you see that Gravity's management acknowledged how poorly their shareprice had performed in comparison to KIM in the previous quarterly? They resolved to market more aggressively their involvement (through Gravity's 40% stake in DMA, KIM's JV partner) in two of KIM's most prospective diamond pipes. As you observed, KIM rocketed on the back of the finds at Ellendale while GRN halved in value over the same period.
Incidentally, the two pipes identified using GRN's Falcon technology contained more microdiamonds per sample than those that have proved so bountiful for KIM. Now that the soil is drying out, the JV partners should soon be able to provide the market with a better indication of whether the pipes contain commercial diamonds.
But for my money, Goldfinger and Gawler Craton are at least as exciting for Gravity, not to mention the survey being conducted of highly prospective tenements adjacent to the Bendigo goldfields.
As you say, this tightly held company has "too much going on" not to get lucky sooner or later and judging by this morning's interest, the market is waking up to that realization. The company's cash position still very strong too going by the just released quarterly.
I look forward to the string of results due this month. There should be plenty there to keep the punters interested....
I have a large holding in GRN so conduct your own independent research if interested in this stock.
Good luck,
Gupper
GRN
gravity diamonds limited
