Not too sure on the carat front. Value also depends on the clarity of the diamonds as well I think. Anyway, just remember, with our Cue sample, micro-diamonds are bad, macro-diamonds are a good sign when deciding if the project is to be commercially viable or not. We want a visit to Macro. Lol.
anyway,results on here next week,or the week after,if the sampling are ontime,I havnt the faintest idea what to expect here,not that brushed up on carrats tbh,bit of a novice when it comes to the preciouse stones,more of a womens thing,but the Nevada stuff should be easy peazy to understand. cycle?ive given up on that one.lol. atb m8y
Have to see what occurs here in the next couple of weeks then Troaj. Could do with a bit of good news, feels like such a long time ago since the last lot.
Thanks for your comments re ORE too. They did carry on drilling the vein system after 2011 though, but the optimism seems to have gone for Deli from the BOD now. I may be wrong, but I feel this has cascaded down the line to the shareholders, many of whom have now sold. Only me and Coli left holding the baby. Ha ha.
yes m8,I sympathise with many of the long term holders,not just on here,but the others too,its not easy looking at a red pf,thr is the only one I have left from those days,i don't even bother checking it any more,70% and 10k down the last time I looked,but the final straw for me was in late 2011,when Reynolds sold that 20 mill just before deljovi drilling rns,which some think destroyed the confidence of the comp after that,anyway,that's when I decided to sell up and trade it,with hindsight,that turned out to be the best idea,so did most of the other regulars as you probably can remember,but like most of the other comps I was in,i had to sell at a loss,which wasn't easy,but in the long term,its turned out to be the wiser move,its non of my business what strategy anyone uses,but I do believe going long in what turned out to be a bear market(we didn't know it would last 4 years,no one did)was a bad idea,bad luck,whatever you want to call it.anyway,your strategy is your business and I hope you get your much deserved money back,all the people that knows you ,will agree with that,but playing on the bounces,which are about the only way to make profit on the miners atm,one day tho,that famous year of 2010 will return,your guess is as good as mine though.lol.anyway,this is one of the few explo's ime still in,so I reckon its got a lot more going for it than ore,those diamond finds have the possibility of getting the sp back upto or above 1p,but they've have to be good,but one thinks for sure,it;ll retrace days/weeks afterwoulds,they always do. hang in there dude,atb.
Good post. The unreal amount of time taken over Deli though, only to find it is extremely complex and therefore also too resource draining to consider further, is a huge disappointment.
Jange must have understandably got fed up. His research was very helpful, but PIs can only do so much. It is down to the company to produce information at the end of the day, and the RNS releases over there are far too infrequent, and not always informative. It seems some of the guys on that bb are worthy of a much better company.
Anyway, my average here is 1.7p, which in 2010, was fine. The sp might go up pretty well before the Cue results, but not enough for me to break even, so I may wait for the RNS. If it gets near a penny though prior, I might take a few out to limit my losses. You mention about taking a profit, but none of my shares are showing a profit, so selling would only be damage limitation. Then maybe buying back if the sp drops.
at least with diamonds,the price/demand isn't cyclical like gold or base metals,but its well known that diamond explo's have a low success rate,which is why its always a good idea to take profits just in case the oncoming samples don't deliver,but the rewards are obviously higher,which is why we're here..de beers ceo from this morning.http://video.cnbc.com/gallery/?video=3000295768 dj?the problem with dj is that the drill holes showed inconsistency with the vein system,100 gt au,then further along the vein,you have a number of drill holes with very low gt/au,with thin narrow widths,which is no good for working out a decent jorc,it looks like mutsk's average grade and wide width consistent veins/ore body is now the best hope.especially for the jorc,whenever that is? coli's still in there,but jange isn't. right,beanz on toast time,catcha laters.gl.
Thought you had been quiet on the ORE bb. Coli too for that matter. It has taken a duff turn there with the Deli backburner crap. Suddenly they don't appear to have the necessary experience to tackle that type of anomalous gold deposit. A bit shocking after over three years of sample taking, on the back of a tremendous amount of drilling. I'd lose quite a bit if I ditched that share, but it's getting to me a bit. Signing an 'entrepreneur' to help the BOD out instead of a gold mining expert has almost done it for me. Future plans with him on board are unclear, not been specifically outlined. More dilution I reckon, while they sit and ponder what to do next with the projects.
Anyway, oilies have always been volatile. I used to watch them before I invested. Saw the DES sp shoot up, then the duster and whoosh, back down. A real rollercoaster in the main, but decent if you are a trader.
Are, looks as though goldies are struggling, but only a temporary thing. Next year will perhaps signal a change for the better. Zinc is doing well, so bodes well for our Zambian gem. Lol.
As for Sunrise, diamonds or bust so far as my time here goes. Not fancying staying on the Sunrise horse for the rodeo show at Nevada, if the Cue diamonds are micro only, not macro. Enough is enough sometimes baby.
Anyway, best of luck with your gushers and short supply nuggets.
sold mine a while back,the bulk of the pf is in oilies,short term,while the oil bubble is still alive and kicking,stilll got some miners,but mainly in short supply minerals with rising spot prices,like nickel,zinc,lead,tungsten,etcnot that theyre doing much,in 3 diamond plays like this one....but the oilies are motoring ahead,but boy,are they volatile,they make the aim miners look like a calm puddle.lol. still in your copper play,waiting for the enviro go ahead and the coking coal one. no light at the end of the tunnel for goldies,other than the usual bouncies.imo.
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