re: for invnotrade
I didn't intend at all to denigrate the quality of TAW properties (especially Finsch) or management,where TAW's CEO is one of the best in business. Never the less,the alluvial diamond game is strewn with skeletons of failed wannabees,ie.Ocean Res.,Majestic Res.,to name few,currently Namakwa is struggling etc. At the same time DeBeers are pretty successful in their alluvial mining in Namibia. As a rule of thumb a break-even point in economics of a project (used to be ?) somewhere in the vicinity of 6crt gem grade/100t gravels. Wish all holders good luck.
Regards nous
I sold out last year,may buy back later.
TAW Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
