Good Morning. Focus on facts: Only 75M float w/potential
revenue nearterm of millions per month thru holiday season.
As traders, let's focus on what will drive pps shortterm. Discussions of why previous moderator was in IHUB jail and other bs does not have any bearing on where GBDX is at and what pps will do. Ronnie D IMHO was a stable, accurate moderator and bs bashers will test anyone's level head.
Bottomline is again, super small float and nearterm revenue potential in millions. Also, most important points are that GBDX has 17+ years of successful operation in the diamond business in NY. And has existing contracts with prominent russian diamond cutters and exporters to expand upon during the current upturn in quality diamond demand. IMHO, small float stocks with substantial revenue create large sustained upside pps increases. With such low float and real revenue, big traders come in, creating a continued uptrend. Plus, in reviewing estimated shares owned by larger traders on IHUB, 20+ million shares are owned by us. IMHO, with trading volume over the last 30 days, would appear theres a large short position that will need to cover with such a small float as pps rises.
Chart shows pps basing at or above 50D ma and last 20+ trades on L2 friday show strong base @ .022. As posters, myself included, we can talk all day about what ifs, but IMHO, facts don't lie, and the former mgmt. of WWCD did not merge with GBDX to sit idle. With WWCD, mgmt. who merged with them increased their production and then sold WWCD, making over $2M in cash to put into next shell play, which is GBDX!
Best Regards, not a buy or sell recommendation. My opinion only.
