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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 Jul 13, 2009 11:55pm
309 Views
Post# 16135163

RE: Looks Like RDI is Finished

RE: Looks Like RDI is FinishedHow do you figure rdi is finished. I would expect some sort of reasoning to conclude this otherwise its just an opinion. There will be a rights offering and cash will be raised that will likely get them through the next year and if diamond prices continue to recover 4 cent shares may look like a good investment. I dont think the situation is that dire that they have to do a reverse split. That opinion is based on my dd. Who kndows they may find another 200 carat diamond in the mean time......time will tell...glta
Bullboard Posts