Diamondcorp Share Discussion Threads

[iicb] 12/10/2016 18:58

im close to hanging myself

[iicb] 12/10/2016 16:22

Diamondcorp - 5 years ago - who remembers what it was like? Anyone? Was it full of disappointment like it is today?

[iicb] 12/10/2016 16:07

well, ive been here a few years now, and ever since it hit 12p, it has been awash with disappointment. its become neverending, every RNS is a worry from Loudon. i think sentiment now will be hard to turn, three strikes and youre out and all that, PL is now on 4 strikes and how many more? that is the problem, how many more?

investors have left this company in their droves the past month. and for a good reason.

what a sad story this has become, so much promise, but so many problems and bad management.

[ridicule] 12/10/2016 14:33

iiCB There is a real risk of them running out of money and going bust. If they get to February, however, and start delivering diamond sales of the quality Lace looks like it will produce, there is no way it will take years for market sentiment to change. There is likely to be a big dilution if they do get funding and some of the big buys today could be insiders or people close to the situation topping up in the knowledge funding will come and ameleiorating the dilution impact. Who knows?

[iicb] 12/10/2016 13:55

Confidence here will now take years to rebuild after yet another cash call. I don't believe anymore they can sustain themselves, it'll be problem after problem and ive lost belief in Loudon to run it successfully. Hence I'm dumping some. Can't afford to lose it all.

[iicb] 12/10/2016 13:49

And that tells you what?

[ged5] 12/10/2016 13:08

There were several 200K buys over the past few weeks whilst the larger sells were going on. About the same amount of cash.

[iicb] 12/10/2016 12:57

ged that is a £10k purchase, ie. a PI.

[ged5] 12/10/2016 12:10

600K sell at 2.5p to go with the other sells of recent weeks. Yet 400K buy above the offer at 3.09p.

[iicb] 12/10/2016 11:36

I think the damage and risk here is too high now. Paul loudon has lost the confidence of the crowd and it will be hard to recover it as he can't deliver.

[iicb] 12/10/2016 11:15

And what do you see currently?

[ged5] 12/10/2016 11:10

Be careful of emotion! Trade what you see not what you want to see - as Wendy Durham used to advise!

2.875 v 2.92

1v4

Is that 3.09 a delayed reported share?

[iicb] 12/10/2016 10:59

sentiment is rock bottom here now - no-one will believe anymore they can get this profitable I doubt. were done for in my view

[ged5] 12/10/2016 10:26

Even a dodgy operation wouldn't risk man for fear of operations being halted by the authorities.

I suspect the going concern statement is for the benefit of present big shareholders. See us through this or lose all!

I don't have full details on my Level 2 but it would be interesting to know if Panmure (house broker) are on the bid or offer. I wonder who was selling the 1M and 500K lots over these last few weeks. Another 500K this morning at 2.4 that I've seen. There may be others. 2- 2.5p placing?

No doubt the 45% drop has attracted the day traders so watch out for a fall later today.

[mally6] 12/10/2016 10:10

must be a takeover target now.who wouldnt take 7p now.this could all be a plan being executed.seen it too many times

[darcon] 12/10/2016 09:18

Yes Ged5, I would now grab 7p with both hands.

[mally6] 12/10/2016 09:01

Overreaction good opportunity to load up.slight hold up is all it is

[ged5] 12/10/2016 08:52

Not quite the dreaded announcement I was fearing but that could just be a matter of time before it appears.

"The diamonds yielded during August remain of a high quality, and four stones larger than 10 carats were recovered, including a 12.7 carat gem diamond. These diamonds will be sold in the October sale."

So what's happened to these diamonds?

That 7p cheeky offer is now looking very attractive, Darcon.

As you say tiger Just sad!

[tiger60] 12/10/2016 07:18

The worst part is that they took so long to announce something that others allegedly knew weeks back.

All those talking about investor panic were wrong those were the holders leaving who allegedly knew. Just sad.

[runwaypaul] 12/10/2016 07:10

typical AIM

big talk

sweet fxck all delivery

handout.

[iicb] 11/10/2016 17:24

its worth about 5.5p currently on the JSE, so why are we 4p? doesnt make sense. something is up. I wanna know Tigers theory!