no news is good news

In the latest quarterly activity report, it stated that a parcel of diamonds amounted a total of 6,900 cts. On paper, it equates to around A$1.2M, based on US$150/ct. The company is considering to market these diamonds under MERLIN branding, that possibly turns few more million dollars. In retail, normally the larger gem stones can be as high as U$20,000 plus per carat. Hopefully, we shall soon be informed in next quarter report.
Secondly, CEO Tom has increased his stake. It also showed he put his faith in action. Present 3.2 c should be a very good buy! Do you get the faith as well?
Thirdly, it stated that the administrative expenses amounted to $90,000 per month, apart from exploration expenditures. It is really immaterial compares with its present market size. In many penny/spec company reports, they incur huge administrative expenditures, where Directors fees are the major factor. It is lucky that the present board of NAD do not take advantage of their power to remunerate themselves heavily. It also tells GJ is looking forward to reward all shareholders, though its sp is now at its dark side of the day.
Lets give him time to prove! (away for a while, see you all later)