Congrats Orvado!
Thanks for your contribution. Your posts and concerns have spurred a lot of information to come to the fore. Some of it is suspect, some of it is fact, and a lot that bears further investigation...but I guess that's why they have a drilling programme!
I'm just surprised to see you come out of nowhere and make so many postings in such a short period of time. I tend to question people who feel it necessary to pound away at a point, and am more likely to trust people who make a point well and allow it to stand on it's own merit. No offense meant to you,it's just my personal opinion, gut instincts if you will. I'm sure someone, somewhere will disagree with it and it doesn't change the validity of some of your questions.
Setting the geology of the resource itself aside, I think most everyone would agree
1)Management has shown poor judgement in the past and, while change is encouraging, I wouldn't bet the bank on it improving until I see some positive decisions.
2)the chances of running this stock on hype alone is slim slim slim (but anything is possible if you're willing to buy enough to move the market).
3)It's a dangerous game to short a $.30 share, (but I guess there would be people willing to do it)
4)it most likely will take a very positive press release to move Krt's price up.
My question to you is what is your impression of Debeer's involvement in FALC (albeit indirect)? They aren't shorters?? Are they?? Why get a bad reputation in that messy business when they have a very profitable 'legimate' business in trying to monopolize the world diamond market. For the same reason neither would they be promoters? Would they?? WHy would they be involved in a project that has, in your opinion, a near zero chance of being developed and profitable.
What a collassal waste of management resources! DeBeers are too keen to waste their time and money. And please don't tell me their hedging their bets, they would have an interest in every penny ante exploration project going if this was their strategy. Plus they would stake claim to the Planet just in case. These are consumate business people who weigh risk/reward. What is their angle in a "Zero Chance" of reward project?
I'm also interested in your interest in KRT? Are you really short at $.30? (Balls like an Elephant, but then, the bigger the target the more painful the kick!) Are you still short from $4.90? (take your money and run like hell you lucky bugger, good for you!)
Thanks
Dave Rowe |
