Ok,as a believer in this company i have had a look at past results and this is my conclusion:
The company floated in 1988 at 5 cents per share. Between 1990 and 2000 the share price peaked at 14 cents. Yes its below 1 cent now but they have not had any real cash flow from their prospects since then. A couple of gem stones, so what. New management, about time. Lets look at Madagascar. 12 grams for 1/2 a tonne. Any real time analysis will tell you that this is conservative. When taking into consideration that the sample was a couple of wheelbarrows worth, yes i believe that there is more there than the the sample results have shown. This could of course be all fluff but i will be saying "I told you so" by the end of May.
CFR Price at posting:
0.8¢ Sentiment: Buy Disclosure: Not Held
