RE: must remain realisticFelex51,
For some who claim to make honest post, you two are making the same misrepresentation...
You claim that:
geophysics has shown that were about 1.5 million in block j and the samesamples confirms some results confirmed by management.
In fact the what the Company said was is definitely not the same...
In a NI 43-101 report dated 30th March 2008, a potential diamond content of between 700,000 carats and 1.8 million carats was declared in 12.3 sq.km (29%) of the mineralized areas (see press release dated April 21, 2008), leaving 29.4 sq.km undeclared.
And that make my point about difference between expectations, and the facts given by the Company..
Furthermore, I have another way at looking at the valuation...
Before the boat left, the Company has zero resources and some interesting potential, now we are on our way of delineating a resource and increasing the potential and yet our share value was cut in half...
Using the
.40 of value per 1 million carat, before the program started, the market was assuming 725,000 carats of resources, and now that evaluation has changed to 360,000 carats.... ( with no further potential)...
Afa is going to be very soon a screeming buy because the market as lower the expectations to such a level that they are easy to beat...
So you see market are illogical and that when market are like that we can make a lot of money...