Stellar Diamonds Share Discussion Threads

[leopold555] 08/7/2014 23:12

I am waiting for an email from Philip Knowles CFO in answer to my recent query on what progress we are making regarding the Kono licence. The papers and appeal is still with the president of Sierra Leone as I understand it. However I am sure private investors will want to know as I do if we have any chance at all of recovering this licence. If not then we can proceed with what we do have which is considerable and certainly enough to give Stellar D. a great start to the recovery. We cannot ignore Kono though because if there is the remote chance of getting the licence back this is a 10 bagger overnight. Let us not get our hopes up, I am investing here for immediate return on Droijba, Tongo which has been largely overlooked IMO

Please do your own research if you are new to this share. I am new to it and may have holes in my research at this time.

Leo

[leopold555] 08/7/2014 23:11

I am waiting for an email from Philip Knowles CFO in answer to my recent query on what progress we are making regarding the Kono licence. The papers and appeal is still with the president of Sierra Leone as I understand it. However I am sure private investors will want to know as I do if we have any chance at all of recovering this licence. If not then we can proceed with what we do have which is considerable and certainly enough to give Stellar D. a great start to the recovery. We cannot ignore Kono though because if there is the remote chance of getting the licence back this is a 10 bagger overnight. Let us not get our hopes up, I am investing here for immediate return on Droijba, Tongo which has been largely overlooked IMO

Please do your own research if you are new to this share. I am new to it and may have holes in my research at this time.

Leo

[leopold555] 08/7/2014 22:58

Oh dear it has started :-| Well at least the thread is active.

[truthteller3] 08/7/2014 22:47

I don't think that anybody logs in here to hear me try to correct an unwarranted personal attack on me. So please don't bother to read any further if you're not interested.

1. Everybody knows that 'letsbemorehonest' is yet another moniker used by the multi-aliased GOODPICK, who attempts to make a living by ramping assorted shares, including this one.

2. In response to a series of previous unwarranted attacks by Goodpick I posted this on March 4 after a few minutes research using the 'search' function above:


"GOODPICK {alias letsbemorehonest, etc} is a bitter serially unsuccessful investor.

He was ramping STEL when it was 18p price now 1.8p,

BAO at 40p now 11p,

Kefi at 19p now 1.9p,

Amur at 10p now 5p,

CNA at 400p now 319p,

Valrix at 0.7p now 0.3p

I could go on but I'm getting very bored. There are many more.

Suffice it to say that he is no bloody good as a ramper and even more useless as an investor. Yet he tries to rule the roost on multiple threads. I suppose you can understand why he hits out at people who point out his doltishness. I reckon his current condition of extreme poverty also adds considerably to his bitterness because he believes it is undeserved"


3. I don't think I need to say any more, do I?



But I plead guilty to disliking rampers, especially unsuccessful ones.........

[leopold555] 08/7/2014 18:37

Oh OK thanks letsbemorehonest I guess that is indicative of how new I am lol I don't even know who the trolls are :-) Having a glass of wine tonight and a night off from reading hundreds of posts :-// Lets hope the upbeat continues tomorrow with some buys. I noticed a few sells appearing and it does not take much to knock it back into the stagnation. If she keeps a steady pace without the "herd" coming in :-/ until news arrives we could be on a nice long term uptrend which is what we all want.

[leopold555] 08/7/2014 14:49

truthteller3 sorry I wasn't ramping it but trying to see if there was anyone about. I saw Blackrock and CEO buys and started researching. However when I read the threads I thought no one has been here for years lol So I posted some info to see if people were "lurking" :-)

[tpau] 08/7/2014 14:10

Is there a bid rumour about a Chinese company looking at this I can't find anything?

[leopold555] 08/7/2014 13:56

Thanks frogkid, I really like this share and think it is way undervalued and needs rerating. I would like to see 3p very soon and a steady rise back up to 6/7p going into 2015. Of course it all depends on how the results pan out and as long as the management does not come to the market for money. At the moment things look very rosey imo

[kittitian07] 08/7/2014 11:57

Hi TruthDeeply unhappy blimey! I'm just glad we have a bit of life here.On a serious note it would be great to gauge your opinions.On a less serious note can we not just have a bit of ramping to break the 1.35 resistance.Gla holders.

[truthteller3] 08/7/2014 10:58

The two deals of 329,523 were both mine: a simple transfer from my taxed account to my ISA. For better or for worse I now have 2,000,000 of these. Of course I am not 'in love' with this share but I think, obviously, that currently it has decent prospects. At the first sign of real trouble I shall be away......

I am deeply unhappy about the sudden burst of ramping on this thread. Ramping, as opposed to a civilised exchange of true information and views is usually counterproductive.

[frogkid] 08/7/2014 10:56

I have also added recently so average now only 2.75p ! Well done Leupold for getting a few posters going ! At least we know we are not the only PI!!Frog

[leopold555] 08/7/2014 08:59

Blackrock are not daft it was their doubling of shares that caught my eye and then the ceo buying. All looks good to me :-)

[tradermel] 08/7/2014 08:39

I have lurked for a couple years as there is massive potential, but the drift always put me off. It was recent news that has sparked my short term interest. I found this to be very proactive on the part of the BOD.



That leaves the other longer term interest as already mentioned.

[leopold555] 08/7/2014 08:29

Nice to know you didn't give SS2 for what its worth my target here is excess of 3p where I think it should be now. The drop from 6p seems to be well overdone unless I missed something? I have read both threads and all the news and can't for the life of me see why it fell under 3p?

[suicidesid2] 08/7/2014 08:08

I've been here for years and bloody years even when it hit 10 ish many years ago I thought it would go higher and Mr Greedy didn't let me sell. Have been buying steadily now this year and have got my average down to 2.5p and now it does seem possible that I'll at least get my original investment back - unless, of course, Mr Greedy turns up again. Mind you, that would be a nice position to be in.

I've always liked this share and it's potential and the fact that the rampers and derampers aren't here yet. When the herd arrive I'll probably get out as they have nothing to contribute.

Fingers xd eh!

SS2

[leopold555] 08/7/2014 07:50

Breakout all buys now :-)

[leopold555] 08/7/2014 07:48

Yes Tongo looking very good :-) Interestingly the management say that the Tongo licence was granted under exactly the same conditions as Kono. Imagine an RNS saying the Kono licence has been granted ;-)

[kittitian07] 08/7/2014 07:37

The bit I like is the 12% increase at Tongo before reprocessing of material. Tongo is jorc compliant so this plus news on the 1000 carat sample this could increase both grade and resource and be a catalyst for a significant re-rate. Also looking forward to updates in respect of the timely delivery of boule operations.

[leopold555] 08/7/2014 07:27

Baoulé pipe

"In-house modelling of previous drilling over the pipe suggests a target of over 22 million tonnes to a depth of 300m. This is not a resource estimate or in accordance with the JORC Code. At the DMS generated grade of 13cpht this would suggest a target of 3 million carats. However, using the average microdiamond grade of 30cpht the target increases to 6.5 million carats. Internal company modelling suggests that the Baoulé pipe has the potential to host a significant diamond resource."

[leopold555] 08/7/2014 07:23

Seems to be behind us now tradermel ;-)

"...We are also fully funded to continue bulk sampling and diamond value modelling for the definitive feasibility study underway at our 1.1 million carat Tongo kimberlite project in Sierra Leone. I look forward to reporting on developments from both of our exciting diamond developments over the coming months in what has already been a highly active year for Stellar."

[tradermel] 08/7/2014 07:20

I recently bought in as well

[targatarga] 08/7/2014 07:15

Trouble up to now has been the fundraisings and managements costs.

[leopold555] 08/7/2014 07:10

Agree Goodpick that is their short term aim and they are very confident. :-)