Stellar Diamonds Share Discussion Threads

[buoycat] 20/8/2014 09:57

Doesn't seem to be up at the moment.

[nerdofsteel] 19/8/2014 10:39

This is only going one way, look at the financials of the Company

[totally banjo] 19/8/2014 08:57

Another positive announcement with further updates
due over next few months....steady away!

[bsg] 19/8/2014 07:32

Doubt it, funding?

[tradermel] 19/8/2014 06:50

Now that is what I call an excellent RNS let the rise come on

[leopold555] 19/8/2014 06:06

RNS

Excellent bulk Sample Grade from Tongo Project, Sierra Leone

:-)

[leopold555] 18/8/2014 09:11

ADVFN dup no wonder their share price is in dire straights

[nerdofsteel] 18/8/2014 09:10

My short continues to do well, debt, bleeding cash, loss making, can't see this turning round any time soon

[dailylarma] 14/8/2014 17:01

Still no bidders

Maybe some investors still do not have access to the internet and are waiting for the hard copy of the trading update to arrive at their mud hut in Africa.

I'm sure once their cow or lamb delivers the trading update hard copy and they have the content translated they will move the market.

[leopold555] 13/8/2014 20:21

Look it up

[dailylarma] 13/8/2014 18:00

When's the next trading update due Leo?

Just asking. Serious question.

[leopold555] 13/8/2014 16:42

dailylarma is an expert investor and has all his money in QPP sitting on a huge loss. His wife and kids have left him and the house is up for sale but he is going to average down on QPP with that. So you are in the presence of a pure financial genius ;-)

[dailylarma] 13/8/2014 15:15

Turnover is vanity, profit is sanity

After the "trading update", anyone notice the bidders jumping over themselves bidding up the stock??

No?

Oh.

DYOR!

[grahamburn] 13/8/2014 14:36

I listened earlier to the Proactive interview with Karl Smithson. Reasonably encouraging, though I wish I hadn't been left hanging in the air for more information at the end.

The interviewer asked Karl what sort of return he anticipated on the $5m payment the company had made to Rio Tinto for 75% of the concession. He replied that with the projected yields from the mine at the recently improved market price he was expecting a $600m turnover from the mine. Why didn't the interviewer ask - or Karl offer to provide - a rough guide to the extraction costs?

Without that information a turnover figure is completely meaningless. Excess income or profit is what really matters!

[loadsadough] 12/8/2014 20:51

Stellar's Baoule Kimberlite Could Host "Significant" Diamond Resource | Resource Investing News
- Today, 9:48 PM

[asmodeus] 12/8/2014 09:52

Re: 1055/6 - have a look at TSX: LUC - Lucara Diamonds. News expected tomorrow - price up today - what'll happen tomorrow? (NB UK price not shown until 2.30 p.m.. OMX price up 4.1% now)

[totally banjo] 12/8/2014 09:11

Stellar Diamonds chief on Guinea diamond project's potential

Published on 11 Aug 2014

Karl Smithson, the chief executive of Stellar Diamonds (LON:STEL), tells Proactive Investors about the potential of the company's Guinea diamond project, Baoulé. The company expects to be processing ore from the kimberlite operation by the end of September after rapid progress in recent weeks. Smithson talks investors through the timeline and the prospect of finding large stones at Baoulé.

[asmodeus] 11/8/2014 21:08

Can say only that there is a very old stock exchange maxim - "buy on the rumour - sell on the news", but I don't know the reasoning. Expect Mr Google knows? Edit: before googling, my own suggestion is that if good news is expected on a certain date, those believing it will start buying, and more may follow. Then in the last few days, when the good news is confirmed to insiders, they will pile in and sell on the announcement, for a start. Others may also take profits. And even if a company announces, for example, that they have found a new diamond mine, it dawns on some that it will still be months or years before diamonds are unearthed and actually sold....and so the price drops back - until the next rumour.... Any other suggestions?

[holidayhome] 11/8/2014 20:06

Can someone explain why a stock falls 6% when the company announces good news?? What makes anyone sell when the prospect is positive? Or is it something to do with the E virus?