Post by
FRANKtheTANK on Aug 15, 2022 7:37pm
Will it be developed or not?
Ask yourself this simple question. THEN invest accordingly. *****************************************. I happen to believe the answer is a STRONG "yes" aaaannnd I feel sooner than later. Like development starting in the spring of 2023! *****************************************. We may not get the buyout we dreamed of a few yrs ago (...5 to 10 dollars) but we wiil get a decent offer in my opinion. *****************************************. I am lowering my cost average every day/week. I should be around 14 cents if volume would pick up and prices stay deflated. *****************************************. I could be wrong. I may be over confident. Time will soon tell. *****************************************. But if I am correct I will have waaaay more shares at a lower cost avg soooo even if the eventual offer is less than my original planning--I should still do very well. The trick is buying when it is scary. *****************************************. I.E. try multiplying 500000 by say 2.40 (an original scenario) Vs. Multiplying 1.5 million by say 90 cents (newer scenario). Feel free to play with the buyout prices if it helps you understand. Ha ha. *****************************************. I might actually stand to do better just because of all this doom and gloom! *****************************************. I wonder who else figured this out and were or are buying? (Remember the volume buying and rebound to close to 20 cents right after the SP collapse?) *****************************************. Of course, I need the market's cooperation as I do not yet have 1.5 million shares. I need more volume and cont'd sub 15 cent prices. I should reach the 1.5 million goal by Thanksgiving! *****************************************. Ironic, eh? *****************************************. FRANK.
Comment by
explman on Aug 16, 2022 11:47am
Its time to admit the truth. FtT is smarter than Debeers, smarter than Newmont, smarter that RT. He is destined for the Mining Hall of Fame. He, he he alone, sees how to turn this pigs ear into a silk purse. Frank, I salute you.
Comment by
Jeb068 on Oct 04, 2022 7:09pm
explman, do u know how many hedge funds currently have shorts owing on this? Is it possible to have a short squeeze situation anytime due to a slight change in news?
Comment by
NorthOntKid on Oct 09, 2022 10:26am
Doesn't DIAM have 30 plus cents in tax loss carryforwards? Maybe a peaceful protest in in front of the gates to the mine might get RIO's attention!
Comment by
explman on Oct 09, 2022 12:11pm
And what exactly are you planning on protesting?
Comment by
CamelHurder on Oct 09, 2022 2:30pm
Some of us are jealous of the insiders trading MacNeill, Kenneth Earl -666,666 Exercise of rights at $0.25 per share -$166,666.50 1,566,666
Comment by
CamelHurder on Nov 16, 2022 9:10pm
didnt see any big trades--only a few 200,000, and 1 at 300,000 rest 100,000 or less per day