is today the day?, page-50

JD,

A very reasonable answer, at least you are not misguided and under the illusion that granting of the ML will make all holders instant millionaires .

I also believe that the granting of the ML is a given at some point in time more probably sooner than later and as I previously stated I believe that will cause a small short term spike in the SP.

I posted this a few days ago and you asked why I did not buy to participate in any gain, I think the drop in SP since has validated my decision.

IMO the market cap is still way too high for what they have at the present and even too high if they where actually mining the alluvials, eventually I see a correction in this.

Comparing MC to close by producers and explorers makes this very evident.

I think there may be more risk to the LOMOs than most believe.

A decent grade from a kimberlite would fix this though, but IMO the more kimberlites that they keep finding with sub economic grades lowers the chance that the alluvials have come from a single economic pipe.