Well my personal take on things is that you now have a few new individuals who are running the show who don't know anything specifically about diamond mining or about publicly traded companies but who see an opportunity for some personal gain through this venture.
I don't expect these new opportunists to ever use a dollar of their own money in their search for diamonds but I do expect them to pay themselves a handsome salary and consulting fees with income generated through the distribution on more shares.
At this point I think it matters less if there are diamonds in the ground and more how long the company can convince investors to keep hoping that there are and that this company will ever find them and profit from that. Apex is only involved because they are being paid to do work for Delta, they would bulk sample your backyard for the same fee. Name dropping them into the pr doesnt really add credibility.
I'd much rather see an exploration company led by a geologist then a lawyer. But then again, who knows, maybe Apex will accidentally burn down the homestead shack and Delta can sue them to generate some income.
Robert
There are no good stocks, only good trades.
