GREY:SWYDF - Post by User
Comment by
pgagnon25on Jul 09, 2008 1:18pm
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Post# 15273767
RE: Trading is minor & not indicative
RE: Trading is minor & not indicativeAbout time someone post something realistic that consider the actual situation of the diamond industry in Canada. Thank Lovecarats to point out that Renard is still on going, actually they are supposed to supply electrical power via Hydro-Québec.
Some of you just keep bashing the management when the shares goes down and down. What will you do if it goes up...Youhoo !!!! Cheers for Eira !!!! The real queen of diamonds
Anyway the stock will go down until we get the Renard estimated value from Amex wich should be delivered really soon. I hope the market will reflect asap the pre-production stage and doesn't wait for real production to begin. Once this is deliver you will be free to either "fire Eira at will" or say thank you my beloved queen, I am happy of being one of your follower. For sure Renard along doesn't justify a share price way over 1$, but what will happen to the diamond price in 2 or 3 years, who really knows ??? if it goes up, Renard valuation will consider this propability. If it goes down, well sorry but this is just not a scenario in my opinion.
Aviat also represents a good kicker...
Happy Trading... Oh what am I saying, I meant happy INVESTING
PG