Winner Hands Down"This one year game and counting, has given us the opportunity of a lifetime, to build one's position...so take your shades off, relax, have a drink and just let it ride guys! Not saying when, just saying you can't lose! "
Well said Bishop, agree totally, the question is how long before the market reflects on this fact and rewards us?
I've heard stated on many occasions and again Friday by Grandich on Marketcall that the diamond sector has been out of favor for some time and he believes this has now bottomed.
Why? Some speculate the run in other hot material metals, ie. copper, nickel, moly and uranium, has hurt the diamond stocks. Others argue the risk aversion process changing from small to large caps. Not sure myself but really confident we'll be well rewarded on this one sometime in the future and as usual when it breaks, it will move very quickly forcing new entrants to chase the stock to much higher levels. Been there and done that before.
Side note, Grandich mentioned his top diamond story (not one of his top picks) being Rockwell Ventures RVI.V, started mining alluvials in SA recently. Just wondered if anyone has heard of this company or invested in it. personally haven't done any DD nor do I own a position. (as for SA plays always have been reluctant re: black empowerment laws, ownership rights etc.) HM maybe?
Cheers, Mark