RE:RE:Does someone know something we don't?It is difficult to understand the RBC downgrade as well as the other financial analysts who have rated this company. I believe National Bank has the highest target of $6.75 over the coming 12 months. MPV will be producing and ,hopefully, selling diamonds during this timeframe. Plus the outlook for rough diamond prices is positive over the same period.Menbers on this Board are projecting great rewards for shareholders during the next year, myself included.
Who is right? Are these analysts all hauling projections out of thin air or are we living in a dream world of hope and speculation?
Aside from a total global meltdown, I do not invision anything stopping this stock being well over $8 by this time next year.In the next few weeks Patrick should be announcing the commencement of production following a successful mine commissioning.I would be extremely dissapointed if our investment does not commence a northely course and not look back until we are well over our current levels.
GLTA