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Rockwell Diamonds Inc RDIAF

Rockwell Diamonds Inc is a diamond mining company. It is engaged in the business of diamond production and the acquisition and exploration of natural resource properties. It is engaged in the mining of palaeo channels and rooikoppie gravels and the recovery of high value and larger karat size diamonds. The company holds interests in Wouterspan, Saxendrift, Niewejaarskraal, and Remhoogte properties.


OTCPK:RDIAF - Post by User

Bullboard Posts
Comment by thinker1951on Apr 03, 2009 10:04pm
293 Views
Post# 15896288

RE: RE: Pala's intention

RE: RE: Pala's intentionIf your view of management is true we would have to change the management of nearly all of the juniors listed on the tsx venture. Like give me a break have you checked any charts lately....????? So let me get this straight since the share price is down we fire a seemingly capable management team. Next we run out and find some new diamond guys thats just going to shoot the price right up. Oh yea I suppose they will find more diamonds and faster. Give your head a shake this is not about management, this company is doing reasonable well in a very difficult market. There are others that are simply going under. This is about pala seeing the value in rockwell and trying to get control of it by hook or crook. I cant say I blame them they think of rdi as an investment to profit from and they will screw the shareholders over if they can get away with it. They are not going to offer 36 cents a share again, and imho I dont think they are going to make an offer. With the possible upcoming fight I am not as optimistic that rdi will survive. Perhaps it will go under and pala will be waiting there to buy up the assets. Perhaps thats pala's plan?????
Bullboard Posts