RE:RE:RE:RE:Stock OptionsI suspect they know a whole bunch of little non-material things that all add up to a stellar outlook on the near term future.Greg even states: "I am extremely encouraged by the near-term potential of the Diakha discovery zone to build shareholder value". They probably have a better sense of what is underground than the rest of us laymen. They won't have any new numbers to report, but they likely have had some good visuals on the RC drills turning right now. Maybe they have gotten some good visuals on a DD core. They will also have a better idea as to the sort of takeover interest that is floating around out there in West Africa but the fact that Fekola went for $600 million and there are other miners sniffing for deals around the world probably adds to the optimism. Put this stuff together and they will have a good opinion formed that the stock price is going to go much higher sooner than later.
Another little tidbit is the map in the NR about the RC drill results. In that map, it shows a bright red mineralization between Diakha and the river. If the map is accurate, they probably have practically counted on Farika to have a continuation of these great results.
Remember, this stock peaked its value around $100 million at one point on less quality in Siribaya than what we are starting to see in Diakha. If Diahka starts to look like Fekola, we will easily see $300million or $2/share, plus whatever else they find on the permit areas between now and then.
Diakha is getting recognition in the industry already. When Sarama announced their fund-raise a couple of weeks ago they stated their proximity in the NR which is right next to the north of Siribaya and right next to the east of Boto. Did they state they were closest to Siribaya and Boto? Nope, they stated that they were near the Fekola and Diakha deposits even though both are further away:
"The proceeds of the recent private placement that was completed June 18, 2014 and the Subsequent Financing, will be used principally to fund diamond drilling at the Company's properties in Liberia, oxide-focussed air core drilling at the Company's South Houndé Project in Burkina Faso and an air core scout drilling program at the Company's Kandiolé Sud permit, which is proximal to Papillion Resources' Fekola Gold Project and the Merrex Gold/IAMGOLD Diakha discovery, in Mali. Funds will also be used for general working capital purposes."
https://www.newswire.ca/en/story/1383003/sarama-resources-announces-closing-of-subsequent-financing-bringing-total-funds-raised-to-c-3-15m
That tells us what other miners are thinking about Diakha.
Greed or not on these options, I hope they get stinkin' rich real soon and they can oink oink all they want!