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Due: Please don't resort to your "plausible deniability" answer it does not apply to statements stated as facts. Yes I do live in a black and white universe were words mean something.
Due: Do you honestly think that anyone involved in a public company would make these claims without knowing they will be or could be corraborated if need be or when it is appropiate.
I understand your perspective on this stock based on other pinks however I cannot except that someone would buy PR's which are public record to flat out lie to the public. Call me niave if you like but I have seen brazen but I just can't beleive Walter is that stupid or brazen.
Hey Sorta: In my conversations with Walter he has stated that he has ample resorces to continue operations for an extended period from private placements with others being turned away. However I can't remember if I asked a specific date or time frame as to how long the resorces would last. I think I may be experiencing some of that onset also .A2Gems maybe this is a question you could ask for us.
Thanx Dan: That then begs the question , do all three of the other magnetic anomalies look that distinct?
Thanx Shadera: I'll keep tabs, in the mean time Dan posted a picture the other day showing the yellow square of a mag.low. My question is does this represent all 4 locations or is this just one of 4 of the same type of magnetic anomalies? Anyone know?
Shadera: Any news you can share?
I've always been on board on this one Prince.
Gas: I can't say I disagree with you , however it's not going to come from me because I was asked not to reveal this info. I am not going to discuss this any further please understand.
Gas: Read post #5997. That's about all I can do for you now is just to let you know there is a 3rd party available as needed.
A2Gems: I think we should stay right here. Dan started this board to get away from the abusivness of the RB site. Since that time there has been an incredible amont of relevant info posted here. Like yourself, Dan, and most of the posters here I have no problem with negative posts or negative inquires as long as the poster substantiates or at least explains the reason for their frustration. Then at least someone here can engage that person to correct or even agree that they have a point that bears getting to the bottom of. However when a poster comes on here and makes statements that they won't or can't substantiate and no one here engages them, then we are giving them a free pass to post their BS for the read only and newcomers to the board to read.
Dan, I have a suggestion; if a person comes here and starts name calling, accusing anyone of lying, or stating that their answers are above the comprehension of the person engaging them or if they just refuse to answer an inquiry then just delete them. I might add character assasination to the list also. I have no problem with you deleting until they can understand the rules.
Is this censorship,-NO. This is about preventing carte- blanche(whatever their agenda) negative allegations without discussion,rudeness,name calling character assasination, or condemnation of any person trying to explain an opposing veiw.
If anyone wants to read or post negatives all you have to do is go to RB and post smething good about NSDM and they will swoop down on you like a bunch of buzzards or whatever kind of birds they are.
For this board I would like to see it not tolerated for the sake of the read onlys,the newcomers, and the character of this board.
Dan please consider this a rule that needs posted as a prerquisit for posting here. Reword it anyway you see fit, but please post it as a permanent " please read " at the top of the page. There is nothing narrow about this. It's about decideing what amount of BS you want to contend with. We all live with rules eveyday.
To the rest of the board stockholders don't be afraid to engage these crybabies about their rudness and BS, it's the only way it will stop. Don't allow them a free pass whether it's blatent or subtle, to post their drivel.
A2Gems: I agree with you. This board is here to help assist with research and discovery in the company and with the true stockholders vigilance I think we can keep it that way.
JMHO Fick
The way I understand the purpose of debate in a democracy in not for the sake of democracy but for the revalation of the truth.
I ask again (in the interest of rational debate) ansdm, will NSDM still be liars when they ultimately do the mini-bulk based on better data?
Well gee wiz ansdm why didn't ya just say that to begin with ya didn't haf ta acus or call us'm thick ta cum on har ta bash.
You know I'll have to side with Dan on this one.You people who accuse the company of lying are also very quick to accuse someone thats trying to understand why you feel that way of being incapable of understanting how you feel or to use your terminology "in denial". I ask you this question: when they ultimately do the mini-bulk based on narrower information will they still be liars?
Same to you christian dx why dont you just tell us how Judy has lied to you, we have to listen to your constant berating of her, at least share what you consider the lies from her .
Would youy care to give specific examples of what you say are lies? I have been following NSDM since the end of July, and I have not seen anything from this company that I would consider an intentional lie.
Doc and the rest of the readers I don't claim to be one of the wizards but I ask your indulgence in allowing me to think out loud here for a moment.
The naked shorting will continue as long as there is room for the shorters to take the chance and thus realize their gains.
I'm sure downward pressure is caused artificially to accomplish the shorting process by both the shorts themselves (by placing small 1k - 5k sells under the ask out of shares they own)and the MM's in concert with them.
The MM's benefit by keeping the price artificially low because as was shown Wed. the 10th when the buyers place upward pressure on the pps the margin on the cheap shares they hold is assured. When the time is right they(the MM's) reload for the next trading period,in the mean time they also benefit from the churn created by the shorting.
The nakeds' will play a million, 5 million or whatever as long as they feel comfortable the price (manipulation) will continue in their favor, keep in mind whether a naked or a legit short they still have to cover immediately if it dosn't.
The play is not apt to be taken when the downward range has diminished and legitimate interest in the company is expanding
causing the cheap shares to be bought up by honest speculators.
Doc remember when I asked you to post all the transactions on Friday? Did anyone notice there was no 1 million + transactions placed that day? Also it was a low volume day. This I interpt as less shorting pressure and the MM's did not reload. Keep in mind the MM's probably do not buy their reload shares all at once but buy the cheap sells all day long and report them all at once. This is why you normally see the 1 million + transactions at the end of the session or on after hours trades.
There is more public interest out there as proven by the volume on the 10th of Dec.(the 2nd highest in co. history).However the historical trends are working against the real aggressive pressure needed to overcome the manipulations that have taken place the last 3 months.
I liken it to the rubber band airplanes we all played with as kids. You could wind that dude up until it knotted up and then it wouldn't work right.I think that is where the pps is now,all knotted up by the recent trends and trying to unwind as more legit buyers cautiously purchase shares to hold for the next level or a longer term.
The volume has dropped suddenly for possibly 2 reasons. First the MM's see the buyer interest improving. Thus they have begun drying up the swamp concerning the shorts. I'm sure this is for the shorts own good ( to prevent the sqeeze which I would quess is in the MM's interest also especially if they are in bed with the shorts on the manipulations). Also the availability of cheap shares has probably been substantially reduced.Thus reducing the churn #s'.
When enough shares are hoarded by legit speculators and public interest continues to strengthen the rubber band will start to unwind and this stock will fly right. No matter what the MM's or shorters attempt to control it. Basic supply and demand.
At the end of the day the market will correct itself as long as good substative PRs continue and public interest continues to strengthen. Stay confident that Walter is doing what he said he would do and that is prospect for and find diamonds.
At this time stand pat on what you hold since there does not seem to be any bad news looming. Add if you can it only drys up cheap shares to our benefit.
I welcome any corrections or comments to my logic or understanding. Thanx. Fick
Do you Ladies and Gentleman think I just scared Dan silly at the thought of all of us somewhere nearby his stompen grounds.LOL
Doc: A vision I'm having is that we all finally get to meet everybody @ the shareholders meeting. Dan I would encourage you to invite Walter and Co. to have the meeting somewhere in your area so that we could make it a ski and business trip. Not to mention one heck of a party. Just a nice vision right now, what do you think Dan?
Hey lightbulb I dont know who you think you are but I find your post totally repulsive and uncalled for. I ask that this sort of indignanty end right now and you publically apologize to Dr Silkworth and the board in general. If you don't ,then understand you are not welcome here. I am sure I speak for most here about this sort of drivel.
Doc would you if it's not too much trouble post all the trades for the day ? Thanx Fick
The web-site is back up EOM
NRG: Go to the company web-site and click on the "overveiw" box @ the corporate heading. Then click on the "management" box @ the same heading. This gives a quick outline of Walters' background and experience in country.
To address what Walter is like, I have had a couple of exstensive discussions with him . The man impressed me as being forthright, accessible, knowledgeble,and most importantly honest.
After you review the web-site I for one would like to hear more about the Ukraine from your perspective. What took you to the Ukraine, what's it like etc.
Thoroughly excellant work A2gems, sleep well my friend.
Wacko I too think your posts are great I just hope you havn't jumped to a premature conclusion. This is how the math breaks out;
Held and restricted by Walter 425 million +/-
Held and in treasury by Walter 35 million +/-
Est. final float # by Walter 100 million +/-
Held by execs. and associates 45 million +/-
Est shares to be audited 15 million +/-
Total shares outstanding per
TA 620 million +
Note: The 45 million to execs. and associates are probably restricted since they were not inclded in the float # est. by Walter.
Hockey: Walter vended in the mineral rights he owned in his wholly owned Aurora Pacific in return for the 420 million shares that gave him control of the former Omniocron Corp. The 35 million treasury are also Walters as CEO of NSDM. The 45 million to execs. and associates is probably a combination of some left over to former controllers and some presented by Walter to his own people. However I think they are also restricted . See my previous post. I am only guessing on the 45 million because I did not ask Walter about the status of these particular shares specifically.
Hi A2gems: I want to confirm and slightly amend your #s'. The following is from my post #9240 on Raging Bull. I posted this after extended conversations with Walter. Walter holds 420+ shares of stock that is restricted, about 1/2 for 1 year the other for 1/2 for 2 years. Walter also has at his disposal 35+ million treasury shares that as CEO he controls. This totals about your 460 million #. However the associates and execs. also hold 45 million which I believe are also restricted because he did not mention these 45 million as being part of the float #. Walter estimated that the float would come to around 100 million after the audit was complete of the disposition of the remaining shares. That by the way is what takes so long on this audit, there are shares in off shore accounts, some of which the owners have died etc. I hope this helps clear up some of the confusion today on the outstanding share issue. I must admit when I saw the 360 million fiqure I too thought the worst (That Walter had sold some since we had talked) but as it turns out by your reconfirming what I thought I knew we again find Walter true to his word. By the way Walter was quite emphatic about neither he or represntatives of NSDM had sold any shares at that time also.
Notice there has not been a trade for twenty min. since just after that 1.3 mil. trade.
Yeah Spain my interpetation is the MM just reloaded. Remember there were shares probably avail. from their costs of .026 from the day before yesterday. If my theory is correct I doubt we see much below .036 the rest of the day. My theory only, I'm somewhat new to this game. How about it Ebbi. what are your thoughts?
Can anyone tell me wether the last 20 min of orders were filled @ bid or ask?
Hey Dan : Has there been any formal arrangments made concerning the shareholders meeting?
Good morning all: Chuck if I could venture a guess concerning why the lab results are not done. I would bet that some samples are being shipped or have been shipped to this continent for further testing by a third party. This follows the standard proceedure especially for further reporting to the industry. It would also explain why the delay for the mini-bulk. The cores are split and tested by NSDMs' lab then any confirmation or advanced testing is done on the other split. It would not surprise me that a PR is forth coming concerning further results and the mini-bulk.
I do know that NSDM uses a world leader in the mining industry for this testing. This is not to tease but I was asked not to reveal who it is. The obvious reason is to prevent the extrodinary # of phone calls this company would have to deflect just to go about their everyday business.
The rest of my post is pure conjecture on my part as I have not talked to Walter or Judy in a couple of weeks.
Thank you A2Gems: Hey while I have you here I've been meaning to post the following info for the board and I was going to ask you to provide the size of the rough diamond it would take to make the following brilliant cut sizes. I am aware the rough is always different in quality and flaws but if you could provide a rule of thumb it would probably be of interest to the board members.
A 2.2 mm brilliant cut diamond is appox. .04 carats
A 3.0 mm " " " " .10 "
A 4.1 mm " " " " .25 "
A 5.2 mm " " " " .50 "
A 6.5 mm " " " " 1.00 "
A 7.4 mm " " " " 1.50 "
A 8.2 mm " " " " 2.00 "
A 9.0 mm " " " " 2.50 "
A 9.3 mm " " " " 3.00 "
A 11.0 mm " " " " 5.00 "
Thanx in advance A2Gems
Fick
Thank you d.
Hi Folks: I have a few points for us to ponder and I hope add a measure of reason to the board.
Point # 1 Todays volume was the 2nd highest in the companys' history.
Point # 2 It took 12 business days for the pps to go from .035 to .22 starting the 19th of Aug to the 3rd of Sept.
Point # 3 The O/S # is the same today as it was on the 19th of Aug. There has NOT been any dilution of this stock.
Point # 4 The float is the same today as it was on the 19th of Aug. It may have been misstated by other intrests but the fact remains that whatever was not restricted is part of the float.
Point # 5 This company was formed to prospect for diamonds and so far they are doing just that and as a bonus they are finding them. I know this is stating the obvious but imo this FACT cannot be overstated.
Point # 6 The pps is up in one day 27.25 percent.
Point # 7 Every author I have read concerning investing all say the same thing " The market is always right". It's time to relax and let the market work this out and in the mean time lets not blame one and other for things we are not in control of anyway.
Hey Dan and Everybody: Great news finally! If any one talks to Walter in the near future could he tell us more about this book DeBeers is or has published, and I think we need to know the status of the mini bulk. Did it take place or will it as scheduled.
Hey Dan: Is this the type of board where we can vote to get someone removed? Heck the provocatuers with alias's and without from RB are more civil and have more to offer than the person referencing Judy in a recent post.
Dan: I know, that is also what I was told. This is the second time this person has posted that tale on this board and quite frankly it gets tiresome. I know we normally don't get anywhere with the likes of Tsmack ,however if he knows something and can provide what I asked for then I think we should get to the bottom of it. In the mean time suffice to note to the board that Tsmacks' remarks concerning payment with shares by NSDM is not so.
HEY TSMACK: Are you sure Judy paid for PR's with stock? If you are would you provide a quote or some form of credible evidence that can be confirmed? I brought this up before on RB and did not receive any such evidence. I have no problem with PR's or how they are paid for. I have been told there has been no stock sold by NSDM since it's founding in June. I conveyed that on the 6th of Nov. per Walter. Now it is my assumption that also means non has been bartered either. I'm willing to stand corrected with a credible correction.
Good morning everyone : Dan there is new news out , I would post it but I do not know how .