Member Info for Dannny

My concern with eml is that its entire business strategy does seem to be purely based on trading KAH, but im not convinced if KAH jumps to £2 tmoro that we will see the proper reflection in these, the market just dosent seem to be adequately pricing it in. Just frustrating that every other share i own is yielding me profits and this one just sits at my 5p odd break even. At least URU is up from my 22p entry there a week or so ago.

Sold some of my holding here today to lock in profits and shift more funds into petra diamonds, feel theres more near term upside in that one, still hold a fair few of these as really like this company long term but feel strongly we are now on the tip of a market rally wave and a bit of a pullback is coming.

Nice to see a strong finish to the week here, bit dissapointed we didnt hit that £2 barrier. Considering taking some profits on monday now, think we are in for a market correction very shortly and if this hasnt burst through £2 this week we may have to wait another couple of months for any more 'big' movements upwards

This one is just starting to test my patience now, long overdue a move upwards. Wondering if KAH direct is a better investment, no reflection in this sp at all now from the recent surge in KAH. Makes no sense.

Good movement from this one, even now trading on a staggeringly low p/e ratio, wouldnt surprise me to see this rise near £3 in the coming months.

ive set a limit order to sell half at 199p, near term if we get another market pullback this will follow suit regardless of its strong fundamentals

£2 mark is a real dillemma, long term id say £6 is almost certain but short term i just remember a few months ago whenever it touched that £2 mark so many autosells kicked in it went flying back down to 180 every time. Trickt to know what to do for the best, may stick to my original strategy of selling half my holding at £2 to lock in some decent profits and let the rest run.

starting to love this company, 2-3% gain per day, consistant and good for sustainability of the sp

steady progress, happy to take a few % a day, definate upward trend, fancy we might see £2 before friday, my largest holdings here so all good

Seems a slow day today here, not much happening sp wise, £2 or near surely cant be too far away.......

Yeah same here olivier, im wary of buying in on a spike, if things go quiet there and it dips back near 20p im gonna add a small position. They look a bit more of a gamble, concerns me that they have held this spectacular quality of diamondfields for so no long and no development has happened but its de beers causing the problems, theyre restricting them from starting mining but wont sell AFD their stake either. Sooner or later something has to give, the quality and grade of the diamonds they have looks immense. If production ever actually does start that one will be worth pounds overnight. Uranium wise similar to you mate im in EML & URU, watching KAH closely, any retrace near 120p and i'll be loading up on that one.

If your into this sector what do you make of african diamond (AFD) ??? Ive watched them for a long time but never bought in because the company just dosent seem to be able to make any progress developing the diamondfields its sitting on. Its jumped 50% though in the last 2 days, not sure why, if something is pending there thats a company that could be worth absolute fortunes. Its sitting on one of the highest grade diamondfields in the whole world, de beers hold a part interest though and seem to be restricting them from starting production, maybe due to the economic climate not being viable, but seems to have been 'pending' for about 6 years now. Im starting to worry about missing the boat there if that ones heating up, wishing id took a small position at 20p. Diamonds as a commodity in my opinion are a better play than gold. Hate to keep harping on about it but the demand from asia pacific will be explosive as their wealth status catches up to the west. A lot of my portfolio now if focused on diamond & uranium plays but i feel very comfortable with this.

For those that have followed this for a while its worth considering having your profit limits set at £2 if you short term trade, last time this surged like this it couldnt break through the £2 barrier, lots of autosells at this level waiting. If your in long term will def hit £5-6 by 2010. Ive got quite a lot tied up here, when it hits £2 planning to sell half my shares and see if i can increase my holding

Just took a position out in petra diamonds as well at 36p, hasnt bounced at all the last 2 days but has fallen from previous high of 50p+ a month or two ago, very similar to GEMD, strong balance sheet, profitable company with good assets I think if your gonna buy diamond companies best to stick to the major players with good balance sheets, the smaller diamond producers/miners pose too much risk of folding

Good decision, really was an absolute steal at 135p, no idea why it fell to that level anyone selling their shares at that sort of level was an idiot. Dont be tempted to take profits yet, it shot to 200p no problem before and the companies fundamentals are stronger now than they were then. With no debt whatsoever and cash equivelant per share equal to about half the current sp alone its still far too cheap and as safe an investment as your going to find.

Like i said this one can move quickly, plenty left to run in this, no debt and 100+ million in the bank. All looking very rosy

Anyone know whats caused the spike here?? A company i want into at some point as they own some of the best diamond fields in the world but would be surprised if any plans to start mining are close in the current climate. Dont want to miss the boat here but dont want to tie up funds as this might not move for another year or two, unsure

Looking at both of these, URU looks cheap but spread is really poor at the moment, KAH starting to look very attractive, nearing 120 level, will def be buying sub 120 as that ones easy money.

There wont be any divi's for a good while i wouldnt have thought, when they start making profits again in 2010 id rarther they did a share buyback to reverse the dillution and get this back to 11 quid. Remember with this company too that they wrote down the value of their assets by 450 odd million dollars last year. Those assets will start to increase in value very quickly in 2010.

have said before but when this moves it tends to move quickly, can be very volatile, last time it went from 120 to 200 in under a week on no news whatsoever