Dwyka Diamonds (See LSE:NYO) Share Discussion Threads

[nicksig] 10/9/2009 08:30

Nice holdings rns this morning. Looks undervalued to me so picked up some more this morning. L2 ticked up to 2v2. Good luck all!

[mikeriley] 09/9/2009 23:11

thanks - thought id missed it.

dipped my toe in today - Im no expert but that fact that:

- they have cash in the bank
- have 'new' projects coming on line (minerva)
- are involved in gold (whose price is high) and nickel (whose price will pick up over the coming months...i think)
- and haven't yet caught the eye of the masses yet like what most small explorers / miners have done over the past few months for a rebound

.....made me think there is plenty of upside!

[rathkum] 09/9/2009 18:01

Should get an update pretty soon. That hopefully should drive the share price north.

[mikeriley] 09/9/2009 17:31

In the last shareholders letter on 30th July the following statement was included:-


"2. Muremera Nickel Project
Since I last wrote in April drilling has commenced at Muremera. We expect to be able to update you on progress there in the coming weeks"



Sorry if Ive missed this but has there been any feedback yet on the outcome of this drilling or is this still awaited?

Mike

[swiss man] 09/9/2009 10:02

someone just picked up 500,000 @ 7.25p.


i think still time to get in.....

[nick rubens] 09/9/2009 09:11

Good levels of cash in the balance sheet to forward the prior minerva owned gold,platinum and diamond prospects and the possibility of some disposals along the way. One or two good RNS's should jolt it up. One of a few that can be held in an ISA, so it could be a popular one. Looking forward to some news flow.If it breaks out out of its recent trading range 5-8p then it could be on re-rating and still good value worth buying again.

[smelleroo] 09/9/2009 08:30

ambrian still bidding at 7p recent share price movement very strong! i understand this is a beaten up resource stock, but even still...

that minerva deal was a steal!

smell

[nicksig] 09/9/2009 08:29

No problem. Looks like a re-rating is underway

[swiss man] 09/9/2009 08:28

im in again......this one has some serious chatching up to do......

[smelleroo] 09/9/2009 08:25

cheers

smell

[nicksig] 09/9/2009 08:24

Keeps moving up. 2v1

[nicksig] 09/9/2009 08:23

Add dwy.gb to your monitor

[nicksig] 09/9/2009 08:23

smelleroo - a lot of volume has gone through plus this morning. 582k traded through that platform at the moment

[smelleroo] 09/9/2009 08:19

do you mean nearer 250k, as that is all i can see on advfn. volume aside, ambrian bidding for stock at 6.5p - house broker to dwy and they get this company

smell

[nicksig] 09/9/2009 08:17

Now a chunky buy at 6.9p. Has this been tipped somewhere?

[nicksig] 09/9/2009 08:14

650k traded in the first 15 mins

[nicksig] 09/9/2009 08:00

Hmmm, some pre-market buys. Looks like something is up here. L2 currently 3v1

[strark] 08/9/2009 18:13

I also think investors are looking around for the next Kopane , or the next undervalued resource company that is due a re-rating - would be very happy if that was DWY

[moosh2] 08/9/2009 17:38

MMs had a few big sells to work through....they got rid of them sub 5.5p (hence all the 5.5p buys over last couple of days and MMs fixed firm at 5.25p bid. lowest sell orders gone so no need to keep price down. MMs now moving up to next highest sell orders. where that will be is anyone's guess! but i sees major resistance at 9.5p for starters.

oh, and the 15/45/100 simple MAs are looking good to crossing up in next few days, providing share price continues up.

wooooooooooooo!!!

[sunseeking] 08/9/2009 16:54

Any thought,s rumours or guesses on todays rise?
ss

[smelleroo] 08/9/2009 16:53

i repeat my recent post:


dwy future news flow:

drilling results from burundi project, announcement of new Chairman, jorc study on ethopian gold project and disposal of non-core assets imho swaziland gold project (helps generate cash) and these should occur from now to the end of the year. i have probably missed one or two things out but things are shaping up very nicely here!

smell

[nick rubens] 08/9/2009 16:17

Just doubled up at a higher price than before.Alot of Interest in this company today. I think this one has a long way to go to catch up with many of the others.

[lombiff] 08/9/2009 15:51

Quiet yes - I'm still yawning and stretching after a year in hibernation . . give me a few minutes and I'll wake up . .

[nicksig] 08/9/2009 15:47

Very quiet on this thread! 2v2

[nicksig] 08/9/2009 15:26

Nice! Now 5v4