RE:$ 2.75 SP by July 4th ???Guess the market trend was correct and I was able to predict the $ 2.75 level correctly by July 4th... American Holiday tomorrow - so volumes could drop off a bit .....I am thinking they have found more large diamonds - they could be waiting until July 16th 5:30 pm eastern when they could be releasing results of
July's exceptional large stone tender to give further updates.. By then SP could be well over $ 3 per share - I think Greywolf could be low on a $ 5-$7 SP by year end especially if they find large stones on the south slope at the rate they were finding them in May! Keep in mind some of the institutional investors have to wait a while after the stock hits the $2 level and could be getting into the stock in the next month or two - also Lucara will be revising their mine resource estimate upwards
--DS