2fast 4you2fast,
I didn’t have intention to respond on your post, as you are taking things too personally but, you didn’t live me a choice by writing “I am still waiting for you to point out those so called "false statements" in my post that you responded to. Are you having a rough time? You can't!”
No, I have no problem at all, to prove my point so, here it goes:
You were told, that my post was written in more general terms, and directed to some, who still thinks, that “Liberia is loaded with diamonds” (when in fact it’s not), and expecting that lifting UN sanction imposed on Liberia will do this Company a great deal of good.
Sure, is nothing wrong to have positive thought (opinion) but I would think, that when such is expressed publically it should come along with some support - facts, numbers.
Market, is as dynamic force brings us a constant avalanche of data, which are used to “reflect” on stock, and create opinions. Therefore, when today we have opinion “A” on some stock we may have opinion “B” tomorrow - when new data arrives. When some speculates, using data (history, numbers, News and so on - as I often do) it seems fair, and is hard to have objections to someone who did that, but the stock didn’t move as thought, or even turn worst!
So, presenting OPINION as you did “When this does actually happen, we should very easily surpass a buck” in reference to lifting UN sanction on Liberia, without pointing why you think that, is kind of odd. Saying “IMO anyway” doesn’t change anything as it’s very obvious that it’s just your opinion, and others may feel differently. If one motivates his point (puts some logic to it - chews over) so, it makes some sense, than all is just fine in my view.
As for your post https://www.stockhouse.com/bullboards/viewmessage.asp?stat_num=14447032&all=0&t=0&archived=False&link_symbol=DFI&link_table=LIST&navmode=1&navd=rev it was generally very optimistic (DFI over a buck) and summarized by words “All IMO only, so definitely make an effort to do your own DD.”
It suggests, that you did your DD, and you are pretty well familiar with what is going on, and convinced that others, who do the same, will arrive to same conclusion “I think you will see where I am coming from” you wrote.As for DD on diamond producers - I’m doing it for at least 20 years. I’ve absorbed a good deal of information on Liberia as well, and can’t arrive in any way to conclusion that after lifting UN sanctions on Liberia “we should very easily surpass a buck.” There is nothing to support your “opinion.”
Fact is:
- UN sanctions on Liberia are preventing sale of diamonds but are NOT preventing exploration for diamonds. Exploration for diamonds CAN continue unobstructed (UN sanctions or not) but DFI is NOT progressing in that Country anyway - lack of funds I’ll say. Therefore, there is no reason to connect the time of lifting UN sanctions on Liberia with DFI share price going over a buck in any way. Hence your statement “I think you will see where I am coming from” in regards of DD on Liberia can’t be taken seriously.
Moreover, right after you stated “UN sanctions to be lifted on Liberia in 2007 (your post title) you expressing view, that DFI will go over a buck when it happens. So, it’s like you expecting to see our shares price “easily surpass a buck “still this year! But further, in regards of lifting sanctions on Liberia you wrote, “Right now Diamond fields are only in the early stage of exploration anyway and as a result have few diamonds recovered that are affected. Therefore, short term this is not really an issue for us.”
My view is that you are CONTRADICTING yourself here. And it’s because first you implied that lifting of UN sanctions on Liberia could propel DFI shares to the point where it “should easily surpass a buck” (in 2007) and later you wrote “short term this is not really an issue for us” (you mean lifting sanctions) as “Diamond fields are only in the early stage of exploration anyway”
So, which is it: lifting UN sanctions will push DFI stock over a buck this year, or the later - lifting UN sanctions “is not really an issue for us.”
I think, that it’s not right to suggest that stock will fly (should surpass a buck) cause there is some source, to support that (you just do your own DD - he he he . . . ) when in fact, there is absolutely nothing to confirm that!
You did not arrive to “opinion” (DFI over a buck after sanctions) from your DD. You could not! You took it from “thin air” that’s all. Therefore, telling others to search (DD) for non existing proves so, they can arrive to the same conclusion was FALSE and misleading.
So, now, YOU GOT your false statements you were asking for!
Some people may simply think, that if they post even the most peculiar thing, but they say, that it comes from DD than many won’t scrutinize it. And they also think, that if they say to others to check “facts” (do your own DD) than most likely no one will bother doing it! That’s the way I see it.
As for myself, I was wrong many times before in my speculations on some stocks, and undoubtedly I will be wrong again. But, whenever I post, my “opinion” it is based on some data. And, I can’t recall anyone who was eager argue with numbers or facts I presented - except for some pumpers or bashers, who are mindlessly pounding keyboards, spreading “hate” ore “love” for a stock.
As for DFI - It certainly wasn’t Greenland that brought me on board. In fact, I tried to temper all the overly optimistic (pumping) posts on Greenland, as I there was merit to claims like we are about to make discovery as Voisey’s Bay! . Bough, when it went down from 80's - when they bought the vessel, and I thought like many that things are quite promising. A don’t get creaky when losing money on stock, when I’m convinced, that Management is doing its best, and things are just not working out. But I’m quite cranky, when Management is saying one thing, and doing other and/or they loading their own pockets at any occasion at cost of shareholders.
As it goes for stocks . . . I just prefer some “naked” truth over exaggeration - so often used to manipulate us.
And this is for Liptin: Hey man! It’s not as bad as you think! I didn’t put you, or any posters on ignore! As if you would care about it . . . LOL.
Regards, TA