GREY:SWYDF - Post by User
Post by
p.yuon Nov 13, 2012 9:03pm
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Post# 20596439
The Facts
The Facts Just keeping an eye on this company. I like the fact that so many are disillusioned.
It is really quite easy to blame the CEO when the share price declines and the market cap is back to the same level in 2008 when they had very little to show for their efforts. The facts are :
- The diamond market is not in favour and has not been in favour for years - where have you all been? We saw some big blow ups with Tahera and Shore. Lots of $ raised, little to show for it.
- The Junior small cap market cannot raise money for Gold and Silver plays, how hard is it for a diamond play. Let a lone one that has a viable mine.
- There is no one on this planet that could have done what Matt Manson has done in an environment that is not interested in diamonds. They have the Quebec Gov't, a road being built, financing plan led by major banks.
The facts are, I am amazed they have done so much in such a lousy environment. I am not surprised the stock is weak, no one cares about diamonds right now even BHP and RTZ are getting out. Hello.... if this does not make sense to you, maybe you should get out of now.
It is still a tough road to haul but if it is going to get done, Matt is the best shot to make it happen. I am not sure who else you think can get it done but I do get the fact that you have to blame someone other than yourself for not realizing the reality of the situation.
Just have to endure the tax loss selling for another month.