RE:RE:More Old NewsWhy would I sell at a lose? I am Very disappointed in the Management by the Board. Hiring 2 so-called experts in the last 2 years, dilution of stock, going to Court because of poor written contracts, giving up a higher percentage of the company, where does it end. I would be more understanding if the SP was holding at .45-.50 with the current news and previous drill results. Not much has changed in 20 years. First came Newmont, then DeBears and now RIO. If their is hope for DIAM, and hope is everyone’s concern. The current estimates are 30-33 years for mine life in current exploration. I compare it to the Oil Industry. Companies know oil is found across the entire Prairies but they were producing it over 50 years ago with continued exploratory activity as production continues. I see this another drag out by RIO to stretch Bagholders to the MAX. My question still remains when DIAM must start adding money to the mix. The previous release stated 6 months after production. Even thats unclear. Is that 6 months after the first shovel hits the ground or when the first Diamond pops of the conveyer? If my guess is right, it is the first. Good luck further Dilution is in the air.
Just poor Management all the way