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Re: christian_dx post# 6614

Monday, 12/15/2003 3:19:37 PM

Monday, December 15, 2003 3:19:37 PM

Post# of 29858
Christian- I think that you missed my point..

PR even about finding diamonds wont make the company worth more than a company that actually is producing revenue from diamonds that they already founded and extracted.. Plus they have already filed and disclosed their current status, due dilligence by a major institutional investor has said.. hey I am going to put a major investment in this.

Think about it.. If I said put your money on a company making money (and someone credible has already done so) oh and by the way, take a look at the financials, weekly production etc and here are the current diamonds.. vs...

found some diamonds, dont know what it will mean for revenue.. looks very good. Have not filed yet.. Amount of stock outstanding is in hundreds of millions but not sure.. dont know the current cashflow, current debt situation, current shareholder deficit situation...? what would breakeven point be.. is the operational viable? has any insititutional investor agreed and put their money where their mouth is by slapping funds down to the tune of 65%? No. Until filing, it may be a low pps because I would have thought it would be tough to beat the last PR- so PR on its own will not do it Christian.. forget it.. iMO- unless PR substantiates some of the above.. like if DeBeers was an institution that entered talks or partnership or investment, then.. all of the above and bingo- pps kicks some butt! until we see that kind of PR or something more about viability - ie operations, value of the stock (or investment that you are making and return), there are other investments with value and obviously less risk. Yes this has a great upside, but dont think it is from Judy's PRs. PRs will work for a company for the first few months to get people excited, but not when it has a 3 month history of pps deterioration and appearance of dilution of o/s shares. Until we know more- it is tough.. That is why I said, to put your stock alerts on.. that way, if it starts moving, you wont miss out. what so you cant get in until .06 for more.. so what.. most people are saying they are at .07-.11 avg anyway.