Member Info for DusterMan

My buy is marked as a sell

Well Colonel, I suppose we will have to wait until the dust settles. But how about a blue finish? Seems the market doesn’t see it as big issue either. Maybe the rain has exposed another big blue diamond the size of a tennis ball :)))

while an underground team of ventilation specialists and proto team members carried out an underground inspection and declared the mine safe, with the result that underground mining resumed later on the evening of Monday 28 October.

So the mines declared safe and it’s already back to work. No harm done. Phew

Most importantly, no one was harmed in the incident and all necessary precautions have been taken to safeguard the wellbeing of our employees. It is not anticipated that this incident will have a material impact on production, but the Company is following all appropriate measures to properly address safety of the related mining areas.

It clearly states know body was injured and it shouldn’t harm production. However an RNS had to be issued to make people aware

See you at 12p mate...have a good one :)) lol

Marshall Wace reduced short position, and it was after the trading update. Bargain this sp. Absolute bargain. Supply falling nicely in a high demand time of year. Diamond Prices up ? :))

https://www.thediamondloupe.com/mining-and-exploration/2019-10-25/rio-tintos-diamond-output-australia-and-canada

Diamond Output down a lot here also, De Beers already cut production some 14% early in the year. One of the biggest diamond mines closing just next year. No new mines coming online and many at the end of there lives. Supply levels falling fast.
We all know what happened to oil prices when opec reduced output....just a small rise in prices will turn this company around. Mmmm something to think about :)))

https://twitter.com/tictoc/status/1187488988841549830?s=09

Check out the video chaps

Colonel, strange how all of a sudden yr turned bearish. Did you sell? Most likely I think yes. You was bullish in the low 6’s, 7’s, and 8’s. Since the recent high you changed yr tone. So my guess you sold out hoping for an entry in the 6’s. Maybe you will get it, maybe not. Let’s see. This could bounce hard from here also....blue diamond sale in less than 2 weeks. 10 to 20 million $$ very possible to be raised.

I see the brokers targets of 13p is low end, it ranges all the way up to 20p. Perfect and not a surprise after all the good news and much more to come

Broker targets of 13p, nickel higher, bullish signals from the charts....looking good for a big move up

Inverted hammer on the 3 hour chart, a bullish signal. Tomorrow could be a few steps closer to the broker target ;)

Great call Liam...booom time

All we need is a bit of patience, step by step to 13p and beyond :)

Caution...Liam’s been very helpful on here, you might not believe in charts but others do. No need for sarcasm....and the last person you want to wind up is Liam trust me...lol

In my view the worst is behind us, diamond prices set for stability with modest rises going forward. Supply cuts by De Beers and others already in place, one of the biggest diamond mines closing very soon and many more coming to end of life, plus no new mines due to come online. This will lead to prices increasing which will benefit PDL greatly.
Project 2022 under way and going well. The next quarters going forward should show big improvements as now is the season for diamonds, large blue diamond sale pending in November ( between 10 to 20 million big ones $$$ ) to come straight off the debt, plus more to be found. Most likely refinancing of debt underway, possible target for a takeover. Many news flows that could take us to the teens and beyond fast.
Q1 results not as bad as expected, production up and only 1 tender sale which meant inventories rose to sell at higher prices later. Duffy could be wanting a blinding Q2 set of figures including the blue diamond sale. I see the debt levels reducing significantly next year.

40p soon. The trend is up

Wow. Nickel just shot up 3% to nearly $16600 in just a few hours...

Downb...check out “inverted hammer chart pattern” on YouTube. We have a beauty formed on the 3 hour chart. It’s a sign of possible trend reversal. Could be a big move up tomorrow. The spike today was caused by that rns, sudden buying created the spike fueled by the shorts stops that where toasted on the way up. Shame it didn’t hold..let’s see what tomorrow brings :))

Don’t worry too much about this low % of shorts, 2% is nothing compared to some other companies like metro bank that are around 10% declared shorts. Shorts can be quite useful for a rebound anyway, they provide more upward thrust as there being toasted....lol..no problem :))