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Dan- exactly- I definitely think pps is going up..
However, we can still comment on the website issue and why that may bother some.. (esp. preventing newbies or potential investors from getting in at low prices when they read the crap on RB etc.. so they need to understand that we have our concerns and criticisms as well).
fyi... the old site.. Northstardiamondsinc.com was registered by Omnicron.. (Sak Narwal).. which is why they wouldnt have been able to redirect the site and they may have got caught off guard by any issue however, if they purchased the shell, they should have received ownership of this website also as it was owned by the company shell that they purchased..
Registrant:
Omicron Technologies
1926 Cedar Cressent
Suite 7
Vancouver, British Columbia V5M 3E4
CA
Registrar: NAMESDIRECT
Domain Name: NORTHSTARDIAMONDSINC.COM
Created on: 02-JUN-03
Expires on: 03-JUN-04
Last Updated on: 19-JUN-03
Administrative, Technical Contact:
Narwal, Sak dnconsulting@shaw.ca
Omicron Technologies
1926 Cedar Cressent
Suite 7
Vancouver, British Columbia V5M 3E4
CA
604-738-3819
Domain servers in listed order:
NS.TEAMMEDIAONLINE.COM
NS2.TEAMMEDIAONLINE.COM
Not contradicting my last post.. I still think this will be at least .08 by end of next week.. but to get it really moving we need the real PR from UKRAINE... which I anticipate.
Good luck all
All regarding the website..
I have been the head of MIS at a major investment bank (for the entire bank not just a product or division) (as well as other roles like divisional COO and CFO)- on a bank generating over $30 billion in revenue per year so I know what I am talking about regarding a website... Sorry but a website should never be down. Secondly, if a new one is created, the old should automatically (and seamlessly) redirect to the new site.
Also, there should be information in a PR advising the change.
Irrespective of how junior a company is, a basic website is child's play and if you already have one working, why would you shut it down before the other is up and running? You don't. you beta test and run in parallel then shut the other down and redirect it. I can just imagine if no P&L, nor risk mgmt, no credit info was not provided internally at the bank I worked for.. we would be shut down by regulators. If we shut down the external site, not research, no product info distributed to clients, no investor relations or PR dept etc... guess what.. our competition and the analysts would have killed us..
This still comes back to the professionalism discussion that I had stated before. Your respond to investors/clients but also understand how to run an organization from top to bottom.
Why do you think longs on the board are questioning things (this causes concerns in investor confidence and we are the believers.. what about people sitting on the fence).. now you wonder why the pps is hovering in the same range always. That is why PR with substance is the only thing that will move this.. IMO
Christian.. We all find it hard to believe...
If you had talked to the company and found out that there were positive findings, you wouldnt tell us until after your "group" had purchased millions of shares ... based on all the supposed profits you have already made, it would be guaranteed that you would only leak the info at last minute to start the rally..
Also, why didnt you post that info on RB where you normally live.
.. and why have you been screaming to get in contact with Judy, and worrying about the price dropping to low .04s when you had already predicted a few weeks ago that the stock was going to .03s.. if that was the case, you wouldnt be complaining as it was an expectation. You would let it bottom and then buy big time to get the return on this great 'inside' info that you are preaching that should drive the pps up to .20.
So let me see, if that was the case, you would have bought say 10 mill shares today (with your group) and you should be selling for 15 cent profits or 1.5 million...
Sorry chief, I will acquire once I see the stock move in the direction that the MMs are changing and wanting to realize their profits (then, I will know good PR is coming).. And if they really thought bad PR was coming (there would be no buyers and the price on 12 mill vol would drop this to below .01..
Sorry, I have analyzed financial data and specifically trading info (stocks and global markets- bonds, Money markets, treasury instr, FX, derivatives, etc) for over 10 yrs.. I have also worked with the best traders and sales/research guys.. I am sure they would back me up on the evidence so far. If bad news existed (which you already told us a few days ago, this would have been down the toilet already). Now you contradict those statements to say microdiamonds.. With the price the way it has behaved, it is a means to acquire, then pump it up and ride for profits...
The other idea mentioned about waiting for a major seller before releasing PR is wrong (imo) as 12 million shares were already gone today.. If you were a seller, you would slowly buy and sell with nominal amounts to raise the price and then unload . That is not happenning here. Actually, it is driven down and held with nominal and then big deals made.
IMO- I would be willing to bet that the price will be up at least over .08 by end of next week (irrespective of PR). I am betting with the stock, I already own. If great PR comes out, it will be in the teens and I will get more on the way up. If so/so, it will still get manipulated up so these guys can unload in the .08 range.
Hockeypond- a question to all?
Who would hold on to 500k or 1MM shares of NSDM and not unload it when it bounced back to .06 on the 18th? This has been up and down like a toilet seat between .05 and .07..
Why unload it at the lowest price in months? Only 2 responses... you think it is going to continue sinking (if so .. you were stupid to buy 1MM shares ? or it is MM)
Mtorian and Prince...
I think that the little trades are either knockdown or stabilizers.....
to have a series of trades at a consolidated price to give the appearance of price at a certain value..
Look at MM acquisition today again..
Further to my post yesterday, notice the acquisition of shares today at the low .04 range- .043 and .045 ... this will continue as much as they can until just before PR - then u will see this go up.
Why do I think it is MM? Who else would be buying 500k-1MM worth of stock at this price on a stock that is trending down unless they know something or are ready to realize profit soon?
Ask yourself as a current investor of the company, would you purchase $22k- $44k worth of this stock on the current trend or wait for the positive signal first.. I am trying to catch it at the right time.. The only ones who can afford to keep acquiring at $2k-$10 losses each time are MM in advance of making $200k-$1MM on it... obviously..
As soon as this price starts to move (ie. up more than .005 on the current price), that will be my signal to get in there)..
As I think the PR will then be coming and it will keep going up.
Any thoughts?
Quick and dirty analysis for Market Cap and pps...
For the industry, Market Cap to NI is more important than Market Cap to Rev... for long term pps calculations..
For the whole industry, Market cap to NI is a ratio of approx 22 to 1 while Market Cap to Rev is 1.06 to 1..
Bear this in mind when calculating Market Cap and pps..
even if we can calculate the rev portion, the true indicator will be the NI.. which no one can estimate without current filing (showing debt and cash positions) plus pro forma budgets for operating expenses to mine each budgeted rev estimate...
Dan- busy now I will check into it tonight
Just trying to get you all going.. about manipulation..
The company in the Ukraine was Avalon not Aurora Gold but because of Aurora Pacific.. it is easy to notice.. but see how a stock like Aurora Gold can be manipulated..
So can NSDM and I think that the play is to play it low for acquisition and then drive it.. pre-PR and I stick by that one..
I just put the other in there to see how quickly people can push the panic button or trigger button.. that is how the MMs work to get people to buy or sell at their return..
I want to monitor this and if I see some good activity, I will try and get in with a big buy pre PR.. I dont want to do it 3-10 days before as there are a lot of other runs going on in the market and want to use the cash there so you need to cut it close.. (ie. 1-2 days)
Good luck all and watch the price indicator.. I do think the trigger will be .05-.058 before PR release
Sorry- Also next Ask price for ARXG is .40 (another 33% higher... check it out) ..
Any comments from anyone..
Based on the NSDM price being low through further acquisition, I think the PR news will come out just after this baby clears .05 to .055 later this week or early next week..
Do you agree?
Manipulation is a good indicator...
Take a look at NSDM and ARXG (Aurora Gold- the ones who are linked with the land in the Ukraine)...
Just my opinion but here goes...
NSDM has not been this low since Aug 19th.. it looks like there is some acquisition of shares going on by MMs. a few 100k trades at .044. I think that this will happen for as long as they can and then they will start to move it before (repeat before) the Ukraine news comes out.. That way they will get as many shares as possible, then, bump it up pre- PR so that when it comes out- they are already up 20% ( I would expect it to be say .053-.058 range).
Also, notice ARXG goes up 100% on no vol????.. Nov 20th- 13k shares trade but pps up 100%. Up another 50% on 73K shares. Today it went up immediately from .15 yesterday to .30 (100% gain again) on what big moves... take a look..
7500 shares up .13 to .28 and another 3k shares up .05 to get it to .30
Total additional investment for MMs to bump it up from .04 to .30 is only $5,145.
Now watch, if and when Ukraine news comes out.. the MMs start the NSDM machine at 20% profit and drive it for 200-2000% profit.. and ARXG will go up and they will unload on that as well. I think there are many who are in both (maybe Walter and co as well)...
Any thoughts?
(ie. costs MMs an extra
Christian- since when did you become a Shareholder again????
your history of posts state that you got out... since the price has not really started to move, when did you get in again, for how much and why?????????
Is it possible that you just want to get the jump on info (like all the other predictions for PRs in advance) so that you can then enter before it shoots up and you cant get in??
Is that more like it???
Thanks Deann.. for the comments and would appreciate the extra info as always...
Happy Holidays to all..
TSX Miner- Anyway, I bought 10,000 shares today at .38
just to be in the game. If they start moving, I will buy more.. What I like is that they said 65% are held by Funds - that is a good sign...
They are putting out PR for each week or two of production and the response I got back from their IR is as follows...
I am currently disseminating the News today, so briefly I would like to point out the amount of shares outstanding is approx. 150 million. The only dilution in the last year is 9 million, so please recheck the annual. At least 65 percent is held by Funds such as Dundee Precious Metals. Institutions like large cap, so as Diagem progresses we have an audience to tell our story to.
130, 000 hectares is currently held by Diagem with several known diamondiferous pipes. What the dollar value represents we do not know. Diagem has a long term vision of producing 1 to 2 percent of the worlds diamonds over the next 2 to 3 years.
We have applied for a full blown mining concession on the Collier 4 pipe and will know after the new year if we have the required permits to start mining this large pipe. The potential gross value of this pipe is 400 million U.S. It would be inexpensive to mine as open pit is attractive.We are in the final stages of permitting and have been advised there is a possibility of being fast tracked on the final stage. Should we be successful, we will release the News accordingly.
I have to hop. Any further questions please email or contact me at the toll free number below.
Regards,
Connie Fischer
Diagem International Resource Corp- DGM symbol
Dan- the $400 mill is for the one productive pipe..
They said they have 8 pipes.. so maybe that is where they get the 1-2% from
Dan.. here is the response I got...
long term vision of producing 1 to 2 percent of the worlds diamonds over the next 2 to 3 years.
We have applied for a full blown mining concession on the pipe and will know after the new year if we have the required permits to start mining this large pipe. The potential gross value of this pipe is 400 million U.S. It would be inexpensive to mine as open pit is attractive.We are in the final stages of permitting and have been advised there is a possibility of being fast tracked on the final stage. Should we be successful, we will release the News accordingly.
What do you think? Anyone.. current market cap is $12 mill
Thanks Deann.. - Market cap comparison vs. rev potential..
appreciate it
Dan- Pr doesnt say price per carat..
does say...
20 properties totalling 130,000 hectares, in addition to the Joint Venture Property 1000, containing extensive diamondiferous gravels and 8 kimberlite pipes,
Dan- they are only in their 12th week of production...
doesnt that seem good for finding diamonds in just 12 weeks...
also, their current market cap is only $12.6 million
They have only 43 mill shares outs and total auth of only 200 million..
based on weekly production and expectations to increase.. what is the rev gen expectation of this company - then it could be valued for market cap?
any predictions for rev generation anyone? - If it is more than say $10mill per year.. this is a good investment.
To all: Is this good Diamond production? Anyone..?
If so, I think I found a good investment.. please advise and I will post the ticker..
Thanks
pleased to announce that the combination of superior grade gravels (0.44 carats per cubic metre), larger average diamond size (0.43 of a carat) and improving production consistency produced a record 552.29 carats for week 12 of diamond production on the Fazenda Chicoria Diamondiferous Gravel Resource Block No.1, in the Juina Diamond Province, State of Mato Grosso, Brazil.
This record week surpassed the next best week by 30% and was capped by the recovery of a 10.36 carat gem quality diamond.
The next noteworthy increases in production will result from the execution of the capital expenditure program, which is now funded. This will see older ancillary equipment upgraded and the capacity of the Sortex facility enhanced, thereby vastly improving efficiency and consistency of both exploration and production. Concurrently, selection and training of additional staff has started in order to be able to augment the current production with a second shift.
Detailed results for week 11 and 12
--------------------------------------------------------------------
Number of Number of
Vol. Grade Number 1 to 5 5 to 10
Gravel (Cts/ of carat carat
Carats (Cu.m.) cu.m.) diamonds diamonds diamonds
--------------------------------------------------------------------
Week 11 351.68 953 0.37 1,030 53 2
(7.14, 5.52)
--------------------------------------------------------------------
Week 12 552.29 1,254 0.44 1,288 105 4(i)
(9.23, 6.68,
6.52, 5.30)
--------------------------------------------------------------------
(i) In addition, one diamond over 10 carats (10.36 carats) was
recovered.
Dan- that is the only way to value it.. dont want to know the other way trust me... not with the amount of shares outstanding...
That is why if we have stats on diamond potential, value of each etc.. ie. pipes, diamond value or potential +/- factors etc..then you can value the rest
No cant do market to book otherwise the current market price for NSDM would be the price the company paid for the land less debts.. and if it is in Walter's name then it is not even in their book but leased or something like that.. therefore the value would be quite low...
True value for a company like this is the future monies generated.. like an oil well- how much oil comes out of the well not the 500 acres of land value ..
Dan.. There are many ways for valuation.
If this guy was correct. Market to Book ratios would all be 1.
For a true finance professional, Future DCF and Enterprise Value and other considerations as going concern.
It is pretty tough to value the assets currently considering the assets are not based on property value but future DCF of the mines. DCF based on financing, operations etc to extract the value out of the assets...
Cant do that yet.. I also use to do Valuations at a Big 5 so I do know what I am talking about.
Informer- your text sounds just like Tsmack/Christian
"How come I know about PR"....
Also, I have an MBA... so what ? so do many other posters?
Big Deal!! I have had PHDs and many Vice Presidents who worked for me (most also qualified accountants or actuaries).. and many were door knobs who couldnt see the real world. Yeah they could see the numbers but not recognise the other issues at hand. ie. You could have been the best blacksmith in the whole world but with the advent of the car, you better get into the tire business... or look at Brother typewriters.. good thing they did sewing machines as well because the computer kind of caused an issue there..
What makes you so special? Do you have ESP? Inside info or just a MBS - Masters of Bull S...
Mtorian- any word/email/response from Judy on the mail that u sent her?
Dan, Calculating total value..
I could calculate pps, market and total value on most any share and perform industry analysis...
However, I am not an expert on this industry. For me to calculate rev opportunities, would be hit and miss for me as I am not qualified to interpret the quality/quantity of gems coming out of a mine to get value. If that info is avail for each company, I could then certainly add the calc based on total cashflows, oper returns, mkt share/cap, and rel price strength etc..
But I cant do the first part of the leg work, only the second, once the first is provided by someone else, I would be pleased to finish it off.
Thanks Dan.. that is what I needed
My point was not to perform dd on DMDD...
it was to note that it has already gone to OTC BB and made an SEC filing.. you know where u stand with them.. The price went down because people do not like the debt load. Also, they just made the indicator announcement today..
My point is the following: why would NSDM be 6 times the value of a company that is more progressive on the financial trading and filing side.. it would have to be the opportunity. Opportunity should be measured by the ability to find diamonds to make money.. That would be the sites and the mgmt in recognizing opportunities and translating it to money.
For all of you mining experts, please read below (from Sept 23rd PR) and tell me the differnce between this data and the data from NSDM.. Why is NSDM better???
Not bashing here, just trying to understand. I am new to understanding this industry.
Diamond Discoveries Reports Diamond Fragments in 100% of Samples
MONTREAL, QUEBEC, Sep 23, 2003 (CCNMatthews via COMTEX) -- Diamond Discoveries International Corp. (DMDD-OTCBB) is pleased to announce the results of the 2002 exploration season. Sixteen samples ranging in size from 4.6 lbs to 150.5 lbs were sent to independent laboratory Lakefield Research. All 16 samples contained diamond fragments. Initial analysis of stream sediment sampling for heavy mineral concentrates was carried out by geologist Robert Dillman. In addition, R.L. Barnett based in London, Ontario carried out microprobe analysis locating indicator minerals.
Summary of 2002 Season Exploration Results:
- Diamond fragments present in 100% of 16 samples submitted to
Lakefield Research.
- 12 new diamond bearing dykes totaling 19 cumulative kilometers or
11.8 miles discovered.
- Two diamond bearing pipes (Champagne pipe and Triangle pipe are 800
feet apart and are both in the Champagne complex which is one of
Diamond Discoveries major dyke systems).
Review of Exploration Results to Date:
- 58 kimberlitic dykes found on a claim group for a total length of
108 kilometers or 66.96 miles.
- 15 diamond bearing dykes of which three carry red and pink rubies
- Eight kimberlitic pipes of which two are diamond bearing.
- 14 diamonds (two macros, 12 micros).
- 900 ruby grains (20 macros).
"This brings the total number of diamond-bearing dykes to fifteen"
said Peter Ferderber, President of Prospecting Geophysics and the
project manager at Diamond Discoveries Torngat property, "In addition
to the dykes we are extremely excited by the discovery of the diamond
fragments on the edge of the pipes in the Champagne complex."
In addition to the original samples submitted to Lakefield there are
more samples to be processed. Diamond Discoveries also has
approximately 2000 lbs of samples that will be sent to Kennecott's
mineral processing laboratory for testing. A field crew of 13
commenced the 2003 exploration season on July 29th. Rock samples are
currently being received from the company's properties at the head
office of Prospecting Geophysics in Val d'Or, Quebec for initial
analysis.
"Diamond Discoveries data package is currently being reviewed by a
senior mining company," said Mr. Ferderber. "We have therefore
decided to concentrate our efforts this season on finalizing the
geological mapping and mini-bulk surface sampling. We intend to
commence our first full season drill program in April or May 2004."
Sorry- here is url...
http://cbs.marketwatch.com/news/newsfinder/newsArticles.asp?guid=%7B34D4967E%2D09DD%2D4C36%2D89AD%2D...
MONTREAL, QUEBEC, Nov 25, 2003 (CCNMatthews via COMTEX) -- Diamond Discoveries International Corp. (DMDD-OTCBB) is pleased to report that CF Mineral Research Ltd, a heavy mineral processing services company based in Kelowna B.C. and owned by Chuck Fipke, has confirmed the presence of diamond indicator minerals in rock samples obtained from DMDD's 100% owned Torngat property in northern Quebec, Canada.
CF Mineral Research analyzed 112 mineral grains using an electron microprobe. The mineral grains were selected from crushed rock samples taken from various kimberlitic dykes found in the project area. The mineral grains are mantle nodules and eclogite fragments carried by the kimberlite magma.
"Electron microprobe analyses indicate diamond indicator minerals in rock samples from the St. Pierre Dyke, H-Dyke, the Henri Dyke and all these samples contain mantle nodules of fosteric olivine" said geologist Robert Dillman. "Using CF Mineral Research Ltd classifications, one olivine nodule selected from the Henri Dyke has a composition equivalent to fosterite olivine nodules associated to those kimberlite with large diamonds."
The Henri kimberlite dyke system is composed of a swarm of four dykes and interpreted to extend approximately 7.5kms from UTM zone 20 402600E and 6575500N at its southerly limit to 404200E and 6581100N where it is terminated or offset by a northwest trending kimberlite dyke. The main dyke is consistently wider than 130 cm and can reach widths of over 2.5 meters. The interpreted offset could extend north to incorporate the Champagne complex which consists of two kimberlite dykes, four blowouts and a pipe.
Worldwide, over 90% of diamond production comes from pipes; however, dykes are mined principally in South Africa and are of high grade and very economic. DeBeers bought the Snap Lake diamond-bearing dyke in the Northwest Territories from Winspear Resources and Aber Resources for C$500 million. Underground mining of dykes is yet to be tested in Canada.
The gathering of rock samples by the field crew from the recently completed fourth season of exploration was supervised by Mr. Mark Connell, P.Geo. These samples were then delivered to Prospecting Geophysics head office in Val D'or, Quebec and examined by project manager Mr. Peter Ferderber. The selected samples were then sent to Robert Dillman's lab to be crushed and examined before being sent to R.L. Barnett Geological Services and to CF Mineral Research Ltd for electron microprobe analysis.
About Diamond Discoveries International Corp.
Diamond Discoveries International Corp. is a U.S. company with its executive office in Montreal, Quebec. The diamond exploration company is focused on exploring mineral resources on its approximately 130,000-acre Torngat property in northern Quebec.
About CF Mineral Research Ltd
CF Mineral Research Ltd are a well proven and successful heavy mineral processing services company specializing in heavy mineral geochemistry. Established in 1977 the company has been servicing customers worldwide that are exploring for diamonds, gold, platinum and base metals
Forward-Looking Statements
This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with U.S. securities regulatory authorities.
Diamond Discoveries International Corp.
Mr. Ted Pangia
President & CEO
(514) 842-3343
tvpangia@diamonddiscoveries.com
NEWS RELEASE TRANSMITTED BY CCNMatthews
Copyright (C) 2003, CCNMatthews. All rights reserved.
Question- Please compare...
Look at DMDD- they are OTC BB..
They have just filed with the SEC...
They only have 80Mill auth shares and 41Mill outstanding..
They just announced diamond indicators in their Quebec site..
yet their vol is only 240k and pps of .14... therefore, market cap is under $4 Mill (one 6th of NSDM).. If Ukraine results are not solid, wont this put NSDM at same level or actually behind DMDD as they are OTC BB and have even filed to SEC... Something has to give - either DMDD would be going up or NSDM would be going down.. It also shows that the total auth for DMDD is only 80mill not the 600mill for NSDM.
Geotec- post 3929- you stated Barrick-
that is completely different scale and validity than Avalon.. which is a company that is getting opportunity from Walter's other company...
Big difference...
If it was Barrick.. as per your post, then, I think I would be betting the farm on NSDM.. right now I am betting the farm.. My daughter's Lego farm... and a bit more...
Geotec- sorry- forgot to say please !!!!
Could you let us know what was the source of the information.
I also searched the Barrick site-
http://www.barrick.com/2_Press_Releases/
no results under general search with word Ukraine..
Care to elaborate?
geotec- you received what- post the link
cant find anything on cbs.marketwatch regarding Barrick and this over the last week.
Dan- instead of asking RB readers and newbies to join/read IHUB..
why dont u just post the odd link from good analysis or a quote from ihub board.. that will get people to launch to IHUB and start reading .. without getting in trouble from the administrator..
I read RB but not a member... too much pumping/bashing fights and no meat..
other than that guy on a stick and that is not the meat that will add value...
Mtorian- no eib stands for my initial, my wife's initial and our surname initial.....
and banker is self evident...
Thanks for the update... Please keep us posted if you hear anything.
OT- agirlsbestfriend
Not sure... I cant read about 7 of the signatures but the whole team signed it.. There is a Jonny something there so it may be him...
I lived in the UK for 6 years.. Where do you live in the UK? I haved lived on Kingston Hill, Chelsea, South Ken and in South Sutton (Surrey)...
OT- Agirlsbestfriend... I have an official autographed rugby ball signed by all of the English Squad... with Lawrence Dallaglio as Captain..
I bought it at a charity fund raising auction at my daughter's private school back in 2001. I think I paid 200GBP then for it..
Sorry to be so abrasive SFM...
I just wanted to highlight the fact that imo I think we are at the stage of needing good quantitative data and it should be forthcoming..
If you look at a company like ARET- They are trading at .035 right now... they have 3 PRs in last 2 weeks announcing a preparation to launch a $1 billion energy fund, prepare to finalize first look deals and today, that they forge new alliances for this fund...
yet no movement in pps.. However, if they announce the first actual deal and name the company and value, then this will be skyrocket- until then (and if it never comes) it will remain dead..
NSDM will continue to play in the .04 to .07 range imo until quantitative data is released.. if good information, then we will all see the huge pps rise that we anticipate.
Again, I hope it starts with Ukraine data and continues with Canadian data. If Ukraine PR is not quantitative, dont expect this to move more than 10-20%... if it is, the sky is the limit.