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Rockwell Diamonds Inc RDIAF

Metals & Mining Industrial Metals & Minerals
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

Rockwell Diamonds Inc
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Comment by thinker1951on Nov 25, 2009 8:55pm
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Post# 16524784

RE: on the cheap

RE: on the cheapCheap yes, profitable no, possible pp or rights offering coming up yes. Perhaps these are holding rdi down. This company has had a sack full of problems to work thru, but they are survivors. I think they will do well when diamonds fully recover (how long that takes is a guess???) and investors regain confidence in the company. The proxy fight started by pala hasnt helped with rdi's sp. or image and I think that it is still feeling the effects of that situation. For the short term (imho) its a hold.  I will add at 5 cents if I have the apportunity. 
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