Outall wrong. look at LUC. The main problem is low global rough prices, which will likely correct next year. We are in the blood-the-streets stage in the diamond mine space and it is time to buy. DD knows it.
Granted, MPVD could go bust. It has considerable risk. But, if it survives until rough prices recover, there is much upside, especially if they are successful in exploration.
BTW, I bought into this stock after PE gained cult status on this board. Why does anyone tout his actions as an augery? He was an irresponsible pumper talking about a big dividend before they even opened the mine.