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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 knicksmanon Jan 08, 2015 4:12pm
116 Views
Post# 23299728

RE:PATHEHTIC

RE:PATHEHTICI bought shares of the stock only this week (although have followed it for some time). I understand your frustration. But the one-time when you should get excited about this stock is now! I think this stock doubles this year (and potentially begins a multi-year run). 

It's all about scale in this business. The acquisition does exactly that. 

Now, I don't think the stock moves at all until we get clarification of how the company is going to raise $12 million...but I'm assuming a good chunk of that is already spoken for. My guess would be $8 million equity at 25 cents and the remaining $4 million convertible debentures. We'll see soon.
Bullboard Posts