Replies to post #20516 on Alkane Inc (ALKN)

[eibbanker]

I did factor in the exploration.

I stated that the focus should not have 2 divergent strategies and that the margins would not cover the existing valuations for years to come (ex- a diamond find.. of which supposedly took place in the Ukraine macro and micro diamonds- loads of them). However, the Ukraine was the original reason why I and most others got on the NSDM ship. That reason has now set sail with no real reason- especially since Walter is from there and knew the political climate from the beginning and the company was not a new exploration company but already had 10 yr in the Ukraine. Then shift to guess work in Canada to attract investors.. now, shift to diamond marketing..

Again, do the math, the valuation is already over $18 million- for what?