GREY:PGDIF - Post by User
Comment by
xDeBeerson Mar 05, 2014 8:33pm
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Post# 22286274
RE:RE:RE:RE:Think Debeers has walked?
RE:RE:RE:RE:Think Debeers has walked?Unfortunately our ecomonic geology does not seem to be moving the SP. Perhaps the market wants to hear it officially in the form of economic assessments. So I am becoming a little battle worn and trusting less in what I know and more about what the finance experts know. Happy to listen to various debates going on at the moment.
Personally I don't believe in efficient market theory, so when some one says "you're wrong -look at the share price" I dismiss it out of hand. I am certain Warren Buffet would too. PGD is way undervalued at current levels and has been for some time. By the same token, PGD was waaaaay overvalued when it hit $4.65 on micro-diamond results from a small sample from CH-6.