RE: SharesPractically, they didn’t earn enough money from diamond fishing to date in order to pay for those ship repairs!
So, what a heck they bought? - some piece of junk or what? It seems to be the case!
And that a 0.1 carat diamond which was discovered in Liberia is . . . a VERY HUUUUUGE SUCKER! Isn’t it? And yes, there will be more cheap shares with warrants issued shortly!
I could see consolidation 10:1 taking place, when they reach 250K shares or so! And longs, who bought at 50 cents, as I did, are pretty much toast! Unless they’ll find a MOTHER-LOAD - like a big source of gold or copper - it may improve things a bit.
But, I wouldn’t count on any diamonds from Liberia - period! There are very few diamonds of poor quality there - mostly industrial.
Regards, TA