I have not had a lot of time to read the LOM threads lately,so by the time I do,most of the posts have been moderated,I guess the lack of interest with the share price is getting on many holders nerves and it certainly is pissing me off that the share price is so low.
JD
I believe you questioned my price predictions for 2017?
I do honestly believe that some good Alluvial results will be out before years end that will help set a base low for 2017 of 48 cents.
2017 should be a big year for diamond sales recoveries and profit sharing with Lucapa potentially receiving at least 20 million and potentially much more on a high value diamond recovery or two.
By July 2017 the ground would have started to dry out and the pumps and earth moving equipment should have prepared the ground at L259 for bulk sampling and by this time a huge amount of drilling and interpretation of results would have already been completed.
Many broker reports and the general opinion is that the discovery of L259 being the source of the diamonds at block 8 would value this company at around $3.00 a share and potentially much more,but IM very confident that this source pipe will be much more valuable than many may think.
So my initial price target on the early stage of discovery is a high of $5.00 a share for 2017.
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