Well I guess given the last few samples and counts we should see some positive indicators in the results which will get announced... So I'd expect some action regardless of if the numbers prove commercial or not, whether we pull a profit from that is yet to be seen but if results do go to commercial levels or even close. Then there will be allot of reasons for the SP to move north. And lets face it on recent samples and geology there's no good reason why they won't be commercial results or close to it... Hence the recent interest by non retail investors... If its only close to commerciality then It wouldn't surprise me if we see an extension to the drilling program thus the game gets longer... If all is good and the global consolidation on diamonds continues this means that we could see some pretty immediate serious SP action on the company if those, consolidating get a whiff of our diamonds... I'm sure they are watching closely and waiting for the right time to strike...
A diamond studded shovel would be an appropriate emblem if she strikes the mother load... The company should send out a little emblem badge to all holders if they hit it.
On a slight different note but somewhat related. FUT some months ago traded very heavily in the .005 to 1.2 range on anticipation for oil results... Unfortunately its results fell short and the market response was instant... Will we see any anticipation buying here? I don't know I'm at work during the day and I haven't got time to canvas the day traders or other threads. The current market seems a bit shy but recovering well enough so who knows?
Anyway Have a good weekend and good luck for next week...
CFR Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held