Sant Uk.10te% Discussion Threads

[richtea120] 12/12/2007 17:19

A diamond mine takes 8 to 10 years to reach comercial stage if this turned out to be a world class mine it could be fantastic.It is bound to retrace after such a massive rise but dont write it off yet.

[the big fella] 12/12/2007 15:07

KMAG_YO_YO - 12 Dec'07 - 09:54 - 83 of 90


Most stocks that go by 500% in fews days, tend to fall down back to where they started.


So how many other stocks do you know that have gone up 500% in 3 days recently?

[kmag_yo_yo] 12/12/2007 14:20

roobar
You will see, anyway i do not have any position here. Just my opinions.

[master rsi] 12/12/2007 14:13

roobarbncustard

re- KMAG_YO_YO (spout your nonsense)

The SOD is in every share that is low, taking about going "under"

A nasty piece of Sh!t indeed

[roobarbncustard] 12/12/2007 14:02

KMAG
You`re wanted over on the Danka thread to spout your nonsense!

[kmag_yo_yo] 12/12/2007 13:12

mred

You are surprised this has declined? How long you been trading?? shares that go up by 400-500% in a few days tend to retrace and lose all gain, maybe even go below where it started as mugs cut losses. If you have seen, mms marked the share price on every single day, punters got only a few % profit with the big spread. MMs creamed it here, spread on TSX is 0-5% to 2%, but here 15-20%, avoid dual listing shares especially penny shares, you don't have a chance to bail out if bad news comes out or if it tanks on the other market, if the main listing is not in UK. IMO DYOR

[mred406] 12/12/2007 12:47

I am surprised this has declined but i suppose it to be expected I would have thought this is still a good buy.

[loverat] 12/12/2007 11:04

Best to wait for the inevitable fall before considering buying.

[latest] 12/12/2007 10:30

2 assays still pending, results will renew interest.

[kmag_yo_yo] 12/12/2007 09:54

Most stocks that go by 500% in fews days, tend to fall down back to where they started.

[chesty1] 12/12/2007 09:34

red I would say its all depends on how the TSX opens...

What a good run this one has had for you all....

[mred406] 12/12/2007 09:13

they will go back up today,

[tonyx] 11/12/2007 21:20

Closed at C $1.65 in Canada which equates to a share price in UK of 80p.

[tonyx] 11/12/2007 19:10

£1 price here is around C$2.05 so looks like this will be marked down 1st thing tomorrow as price over the pond is now C$1.75

[chesty1] 11/12/2007 19:06

down 22% in canada at the mo....Not sure what the equates to here, but may have peaked for now....

BUT still a very well done to all & I love to see this kind of gains...Just wish I had em early on.

Be lucky to all

[mred406] 11/12/2007 18:49

Stefan2006, if you buy in first thing then you maybe lucky

[stefan2006] 11/12/2007 15:56

Have I missed the boat again

[linney3] 11/12/2007 15:27

The diamond find relates to an ancient graveyard they stumbled upon.Its a female graveyard and all the bodies had diamond rings on them

[cpurser] 11/12/2007 15:18

Nothing to do with a "highly encouraging" diamond find after a heavy decline due to no news then?

[indian3] 11/12/2007 15:09

don't be mugs and let the MMs take your hard earned cash because of greed.

[indian3] 11/12/2007 15:08

the reason why this has risen from 20p to 130p in 3 days is because too many PIs chasing a very illiquid stock, not because of some huge fundamental change in the business.
the rise on fri was sufficient for the announcement made on fri, good luck to those that gained and bank some profits before its back to the 60-70p range very soon.

[cpurser] 11/12/2007 14:24

The diamonds are described as being 60% white in colour and 23% have octahedral crystal habits. The
largest stone2 weighed 0.06 carats and measured 3.2mm across, falling on a 1.7mm sieve.
The management of Sanatana is highly encouraged by these initial results.

[cpurser] 11/12/2007 14:22

Valuation
Over the past year, Sanatana's market value has fallen, which we attribute to a lack of
newsflow and the generally disappointing exploration results of diamond exploration
companies operating in northern Canada. However, Sanatana's decline in market value
is in line with its peer group and a kimberlite discovery, we believe, could reverse this
trend. While diamond exploration is a high-risk business, the reward of such a
discovery has the potential to be SUBSTANTIAL.