GREY:XMTTF - Post by User
Comment by
ss1867on May 13, 2014 5:15pm
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Post# 22557388
RE:Diamonds you say...................
RE:Diamonds you say...................ggrellette wrote: well, that is a very difficult business to say the least. If this is what they found they I am out for sure. Just too many players in that field that are so far in front of them nobody or the market will care. The stock price will drop back to 1.5 or 2 cents if it is lucky enough to hold that. The price action is painting a picture that may not include Hydrothermal Graphite or the market is just selling the risk on stories and going away as the saying goes. I am sure everybody has their take on the price action that has been happening and the sell-off in front of the news, which never ends as one had expected. So for the guys who were counting chickens, dancing with sugar plums and buying fancy cars and visiting exotic vacation stops are now wondering for sure, or at least not as confident as a few months ago. Some will say they are still confident but they are just one move away from the denial stage. For me, I am still holding but I will state for the record I am not as confident as I once was. If things work-out as I hope when I first bought in, then hip, hip hurry, otherwise another tax write-off for the end of the year.
GG GETS IT, ......Xmet has identified multiple " potential " kimberlite for being " potentially " diamond bearing on this much under explored concession....translation....blood bath tomorrow. How many diamond exploration plays are there out there mired at a penny or two ? No mention of graphite....obvious miss and now grasping at straws. Hit the E-brake Thelma that cliff is dead ahead and we`re outta brake fluid. Maybe I`m wrong...but this isn`t what the market wanted to hear. Maybe a mini - ralley to suck in the naive but expect heavy dumping. SS