LOM 2.99% 6.9¢ lucapa diamond company limited

Ann: Lab Results Confirm Kimberlite Target Areas, page-106

  1. 169 Posts.
    I think that is a bold and brave forecast of what is in store for LOM. But dang, how I love a good prediction! ...
    I think that you have overlooked the increase in the processing of the alluvials. And this would imply a doubling of the find rate (or better if they are sharpening their analysis of the indicators) that we have seen to date. That alone would see a rise in the price to above where it is now. How high? It depends on just how dense the alluvial field proves to be. And I think that is going to come as a surprise if the quality of the stones found to date is any indication.

    But as you have correctly pointed out, it will be results from 259 that could really set the price into an upward spiral and I am not sure when that is going to kick in. MK got pretty excited about something when he loosened his tongue, so you would have to think that they are sitting on some indicators that are way off the chart for this sort of mining.

    So I think we have :
    -Dazzaa at Jan-Feb for some major news
    -Chrome at 12-18 months
    -1sharetrader1 at Q3-4 2016

    Great post and I love your logic. I hope one of you is on the money. GLTAH, go LOM!
 
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