RE:And Now it BeginsFor a guy holding only 5% of his former holdings, DigAhole/explman spends too much time looking at this stock. He's all doom and gloom.
There are billions in diamonds in the ground. Big picture - both companies are going to get rich.
Yes, Rio wil get richer but that is just how it goes. I bought about 6 months ago and was hoping for a quick return on my investment. The current state of affairs would lead me to beieve that Star is going to be in a negotiation kind of mood. Rio wil also want this done. Does Rio have to negotiate? No, but the idea that they will want to just sit it out for 2 or 3 years is also not realisitc. A deal favouring Rio will be done.
So, Dig/explman - my prediction. This goes down to 14 or 15 cents over the next month or two. Those that like a bit of risk will buy up lots at this price. Rio buys it all in early fall/late summer for between .75 and $1.25.
Let's see who can read the future better?