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Re: mtorian post# 15452

Thursday, 02/26/2004 8:55:54 PM

Thursday, February 26, 2004 8:55:54 PM

Post# of 29858
Mtorian...I completely agree with your approach to assessing what is going on here... this investment has been improving... the news is positive... and the stock is growing in value to me, because, IMO, the odds keep getting better that we may get a profitable mine....

It still is a long shot... but the odds are improving...

As to indicator materials...and the BS that A2 is spewing... I am in total disagreement... First, I bought this stock originally due to Ukraine situation... there is 10 years of data collected there and there are good indicator materials... we have small diamonds...we know there are diamonds... WE NEED TO HOME IN ON BIG DIAMONDS... this has not been done yet...that is why the stock is 5 cents, not $10... find big diamonds... we go up... and $5 to $10/share is not out of the question if they hit the right pipe... We are getting closer...the odds are long... but growing better...

The Manatoba doscovery on the first try is good and can be considered serendipity... if it matures to something real that is a big plus...with all the claims being filed in Canada... we are making a sudo real estate play too... Walter is adding value both by the Canadian drilling getting a good indicator... but by the added acreage coming under our control during a frenzy of claiming... these claims mean the changes go up we will find a partner to do some drilling and the partner could put up some drilling costs in return for our non-dilutive contribution of the claims...

Ukraine is getting better, Canada is a plus, we are still funded for drilling... we need more funding... that has always been true...

The stock price goes down even though the number of shares has apparently been stable and the findings are positive... maybe the market is anticipating dilution... but, it still looks like a good long shot bet too me...

If it was easy to find a diamond mine... everyone would do it... I am holding my position and dont see the news as negative...

The stock ran up on unrealistic expectations created by Walter calling a press release... 25 MM shares traded with a lot of day traders that bought... it retraced 5 cents... a 50% retracement, which is big, but a common retracement point... now it is set to rebound... my rebound target is 7.5 cents simply on the bounce... if Walter can provide any more positive news... we will retest 10 cents...

Can it keep dropping??? sure, but why should it... can the MMs play games, yes, but I think that just happened... and we are due for a bounce...

The head and shoulders pattern called the move to 9.9 cents... now, the support is 5 cents... and the target 7.5 cents... if the market sees this company as making progress...
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