Huge Accumulation on big newsNo doubt, yesterday had a big volume and also huge accumulation by new and existing investors.
The share price did go high 0.09 cents.and then came down to 0.075 due to selling off by weak day traders.
Huge potential ahead !!! No Doubt !!!
Once the diamond-sampling program on the EPL 3403 Marine Diamond Concession in Namibia is concluded in 25-30 days period as per yerterdays' news release, I think the share price will spike off towards 0.25 -0.40 cents. The aims of the program are to startdelineating the diamond potential of the Southern portion of EPL 3403, and toprove diamond presence and find areas of diamond concentration in the Northernregion.
I sold my holdings at 0.155 last June 2010. This time I am hoping to have more upside. I have set up my selling target at 0.30 cents.