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Thanks. I just found this article: China copper demand is ‘robust’ By the way, news is due tomorrow here IMO. http://www.ft.com/cms/s/0/a0243316-f294-11e1-86e0-00144feabdc0.html#axzz25OVpRWam

can you give any link to FT article please? thanks

"The risks to the full-year outlook risks are clearly to the downside, according to analyst Dr Ryan Long, and he has put his ‘buy’ rating for the company under review." http://www.proactiveinvestors.co.uk/companies/news/47108/gem-diamonds-positive-on-long-term-outlook-as-interims-down-yr-on-yr-47108.html

I think we are going to see half of TP here which is 65p, in the short term IMO.

Petra's target price was cut to 130p from 200p by GoldmanS. I dont know if GEMD can face the similar thing....

http://ramblermines.com/events-calendar.php It looks like September is going to be a very busy month for RMM, just after expected great things in August . It is looking very good for the rest of 2012 and early 2013...Have a look at the link.

When this finds the bottom, I will buy..keep watching for the moment. If you'd like a tip, real hidden gem is DCP. Estimated eps in 2015 is equal to current share price ( p/e = 1 ). Completion of funding deal with IDC can come at any moment now.

I have been waiting for a buying opportunity for months here. It was obvious from the chart that SP was heading down to support level. Watch it around 95p. If it doesn't stop there, don't buy...keep watching.IMO

I originally invested here for Hinoba-an. Bassay is blue sky for CDC. But due to permit dispute, SP will fall in the short term. NPV of Hinoba-an and cash position of CDC is quite impressive. I also think Bassay permit can be sorted out as the RNS clearly indicates POM has no legal rights over Bassay area.

Yes. Have a look at previous RNS regarding Hinoba-an. NPV is excellent.If they get a deal by the end of this year JV etc, Based on RNS, CDC can sort Basay out in the court if it comes to it..

legal dispute is regarding Basay. CDC is legally in strong position. I am sure this will be sorted out positively. Even with only Hinoba-an, SP should be around 50p.

"On 26 September 2011, CDC received a second legal opinion from the Philippine affiliate office of a leading international law firm, which upheld the first legal opinion that PMO did not have a legal claim to any area of the Basay tenement, that the Regional MGB office certified that Basay was outside the areas under PMO claims, and that PMO had not filed an adverse claim within the ten days of publication of the Basay exploration permit, which is the time limit and last opportunity for filing such claims."

I remember they are trying to tie up a deal by the end of this year. It is obvious this RNS will cause short term fall in SP, but when you look at their cash position and Hinoba-an project, current SP is ridiculous. Besides, CDC is in very strong position legally over Basay permit.

SP is very low even based on Hinoba-an. It looks like Basay conflict can be sorted out . Apparently, PMO doesn't seem to have any chance legally by reading the RNS.

If I were you, I would wait to see where it goes before buying. I am just not sure whether it will turn from 100p or continue down to 50p. Anything is possible in this market. However, DCP is proposing speculative gains currently. SP is at the bottom level with good news expected. I am invested in DCP,FDI,PDL, GEMD. I will watch before I buy more PDL and GEMD.

I agree. As I said in my previous I am also thinking PDL is going down to 100p support level.

http://www.chinamining.org/News/2012-07-30/1343610715d58364.html China's refined copper consumption is forecast to rise by about 5 percent in the second half of 2012 from a year ago, a state-backed research firm said, led by higher demand from power cable makers as the government takes steps to boost the economy. Stronger demand in the world's top copper consumer should trim stocks held in bonded warehouses in Shanghai, which are estimated to stand near one-year highs, and prompt importers to step up purchases of spot copper in the fourth quarter. In a research report this week, Goldman Sachs also predicted 5 percent growth in China's copper demand for 2012.

It looks like we are going to 100p resistance level here.. Have a look at DCP in the mean time. It is on the verge of significant news. Finalisation of IDC loan deal and off-takes. Project will be fully funded. It is worht 36p/per share after funding. Current SP is 5.25p. gl

I think we will see lower prices here. ORM needs finance.. this is a big hurdle. It is not easy to raise money in the current market. Look at DCP, great project, great management, no debt, project is fully financed, expecting off-takes, diamond price will higher and higher and in the coming years, just like tungsten... but look at depressed SP there as well..

http://www.diamondcorp.plc.uk/im/files/reports/Northland_Capital_report_jun2012.pdf?bcsi_scan_E956BCBE8ADBC89F=0&bcsi_scan_filename=Northland_Capital_report_jun2012.pdf