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Re: dimonfind post# 79

Monday, 02/21/2005 6:05:52 PM

Monday, February 21, 2005 6:05:52 PM

Post# of 153
If you don't believe the resource report why are you invested here? And if you are distrustful of the company, and everything they say, then why are you valuing them more than twice as much as I am?

You should really read the presentation. Give it a try. I can help you with some of the concepts if you'd like. NPV for instance, means net present value. In finance that means the value today of a future stream of revenue, usually discounted at a certain percent for time (in this case 5% or NPV5 is used)

On the strength of this report Tiffany agreed to finance the Jericho mine and purchase or sell the diamonds from it. So I am taking it for granted that Tahera has the diamonds that they claim to have.

As for the items you're valuing... property, equipment, inventory and goodwill... I don't think Tahera has any of those things. They have some work in progress which looks promising and about 20 to 40 cents per share worth of diamond mine... possibly a little more. In a few months you could see this company at $1
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