RE: RE: Watching closelyWith less than 20 million shares out, this stock could pop to $100 or more per share if they find the diamonds. The web site shows Mr. Bruchs holding over 2.6 million shares. I don't think we need to worry about him holding anything back. Maybe a junior exploration company operating on a tight budget just doesn't have a PR machine in place.
TSD looked very promising a year or two ago, and once they got their own drilling rig their exploration kicked into high gear. And if you look at their web site, the drilling and analysis results they have posted so far are positive across the board. I wish the information would flow faster, but if this was a good play a year ago it looks like an even better one now. The low voume trading does not surpise me all that much, because there are not that many shares and most of the large shareholders are probably holding out for big payoff. What surprises me is the low price. I would think that without a lot of shares available, this would be trading at several times its current price.
I am buying more.