NML is due its interrim results now, last year it was the 28th of this month.

They are setting up a new site to explore/research/analyse and all the equipment to do this should be on site now, and drilling should start soon, all this extra news should be covered in the interims.

does anyone have any further positive views on this company ??

hookie - 29 Jun'05 - 08:32 - 5541 of 5543
One final thought. I hope (for all of your sakes) that Anom does not turn sour on this share. His postings when he deramps are malicious, vile and spiteful.

My postings on NML have been truthfull and accurate. I predicted their share price would go to 4p, I predicted that they would have to dilute further and I predicted that they would not mine-start in February 2005. And I predicted this in November 2004, yet the NML shareholders were too narrow minded to realise that it was the truth.

They are still deluding themselves and have even taken to using the filter to self-censor themselves, because they can't face the truth. If they were so confident about their share, then they would realise that commentary from a Bulletin Board poster would have no effect on the share price one bit.

Their problem is that all along I have provided evidence - solid proof, in many cases from the Companies own documents, which they laughingly then call lies, which proves why their share price has dropped so badly. Yet they choose to ignore this evidence, whilst their share price continues to fall.

They have no reasonable explanation for why their share price continues to drop, except the one that I've put forward, that there are 'mystery' seller(s) dumping huge quantities of placing shares into the market at regular intervals and that they have been doing so for the past year.

These sad 'dopes' who've invested in NML, many of whom bought in at 5p, 6p or even greater, are now sitting on a paper loss and trying to average down to minimise their loss or maximise the gain that they think will come when their company announces the production figures. What they fail to grasp though, is that when the announcement comes, the people that have been so annoyed at having to wait for the past 6-12 months are going to jump ship en-masse, the moment the share price spikes, causing the price to stall and fall back down again. The actions of the mystery seller(s) in dumping 500k or 750k every couple of weeks over the past will be nothing compared to the millions that will be dumped when the investors see their exit opportunity come around.

Sad to say, that they will then have to see the production figures dwindle as the rainy season sets in again and the companies previously predicted 10,000 carats per month is not reached.

And the sad gullible fools still blame me for all their woes, when the real culprit, the mystery seller(s) is laughing all the way to the bank with their money. How stupid can they be....

I can sit here and laugh my head off at the NML holders for acting like victims. It's like watching the antelope on the African savannah. They stand there, chewing the grass and watching as one by one their herd is culled by the lions.

The predators are taking advantage of you. It may have passed your notice, because you've blinded yourself to the truth, that the 'mystery' seller(s) have been dumping shares for over a year. The sheer volume they have sold suggests that they had even more than the entire placing volume of 42 million shares. If they have that much to dump, then how come they've managed to act 'in-concert' for the past year and dump at regular intervals into strength?

They could only do this if the people selling DO own more than a declarable interest and have failed to announce it. We already know that the directors failed to announce their declarations correctly, so it stands to reason that the 'mystery' seller may have done so too. I wonder how many 'blind' trusts the AIM will come across when they investigate the share register? I wonder what will happen to the share price when these failed declarations and holdings are exposed? I suspect IMHO, that NML is in for a very bumpy ride when the truth is known. I wonder if the reaction will be similar to Bre-X or Minmet? Who knows, but the result would not be good if it was.

Imo this stock will never do anything its finished youve got a queue of sellers longer than the Dartford Tunnel!
You have the mystery seller selling for peanuts at these levels you have all the blind mice who wont dare tell this bb that are desperate to get their money back and are waiting to sell the minute this hits 4/5p and then there are all those recent placed shares at 4p in the hands of the sellers who are greedily rubbing their hands together waiting to sell at 4.5p+!
Forget it its a loser..

Then why can't you forget it ASMITH2/VENOMOUSVIPER/Gaybriefs/Spectre of Doom?

mjr1234 / English bigblls / Opthalmist - Why Should I !

LOL, you're right about the first two, not the third though.

So you admit you're all 4?

Why should you?

Well it seems very strange hanging around a share which you think is best forgotten about. It suggests you don't really think that, but are attempting to get people to sell out in order to get the price down so you can fill your boots?

Anom,
Ok we all agree with you. This share is shit. We are going to lose all our money. There is a mystry seller dumping shares, probably a director. The share register is wrong, and anything else you say. Now why dont you go away to some other share and leave us to waste our money if we choose to.

InTheDark - 29 Jun'05 - 12:52 - 2716 of 2720
"The stockmarket is a mechanism for transferring money from the impatient to the patient" - guess who said that!

And of course, the NML shareholders have been some of the most impatient people around with their constant clamouring for RNS's and news. What they fail to grasp is that the 'mystery' seller(s) is the patient one that has been waiting with the placing shares over the past year, drip feeding them into the market in tranches, to make sure that they don't depress the price too much and can come back for more profit a short while later.

I think Buffett was trying to point out that it is the long term investor, the person that does not care about minor fluctuations, that wins in the long run. They pick stocks that they are comfortable with and hold them for as long as they need, to obtain the return that was estimated in the original research information. They are not expectantly waiting for some mine-start or production news, but planning on the forecasts 2 or 5 or 10 years down the road.

The vast majority of the NML shareholders are impatient short-term holders and their wealth will IMO be transferred to the 'mystery' seller(s).


The Mystery Seller(s)



The NML Shareholders

Anomalous, ASMITH2 and legend200248


The patient NML holder.

WAIt for aRNS or an AFX or whatever, sp spread is 3 to 4, so what.

"WAIt for aRNS or an AFX or whatever, sp spread is 3 to 4, so what."

LOL - I think you will be waiting for a very very long time and when this elusive rns does turn up the price will probably be so depressed by then a bounce will only return this heep to a 3p bid!

F off SMITH.

mjr1234 - 30 Jun'05 - 10:07 - 1075 of 1075

"F off SMITH."

Oh Dear the truth hurts doesnt it!

You are a sad twisted freak, Smith. That's the truth.

mjr..don't let them wind you up.. that's what they want either squelch them or ignor them...sooner or later they get fed up and move onto a new thread..just like on KMR, SEO etc.

>Dynamite
Sorry to disappoint you, but posters like ASmith2 and myself are here to stay.

We have an academic interest in how NML performs (or rather fails to perform!) and are prepared to sit here and make sure that no new investors get conned by the misleading ramps posted by holders such as yourself.

We've already proven our ability to predict the events regarding this share and will watch to see if our recent predictions come true too.

There's going to be an awful lot of disappointed shareholders when they miss their exit point, because they failed to put in their sell order to their broker early enough in the day. The spike is going to be matched with a falling knife and anyone stupid enough to try to jump ship after tha fall starts could end up with far less than they started the day with IMO.

To any new investors:

NML is a massively undervalued DIAMOND PRODUCER.

The company's own projections backed up by the official Geologist's report state that they will produce 10k-20k cts/month giving a profit AT LEAST 2Million per annum.

On a typical p/e of 15, this would put a fair value on the company of 30M, a share price of 25p+.

Current value is just 5M.

A challenge to the derampers and bitter ex-shareholders: CAN YOU FIND ANOTHER DIAMOND PRODUCER THAT IS SO MASSIVELY UNDERVALUED?

(I already know the answer to that one, and it's not yes).

Don't listen to what ANOMALOUS1/Anomalous/ASMITH2/Gaybriefs/VENOMOUSVIPER/legend20832 post across the internet about this share.

They are one or two extremely bitter-and-twisted ex-shareholders who ran out of patience, and now spend all their time and energy knocking this stock day in, day out. They will twist any piece of information to suit their purpose, which is to avoid the situation where they have to sit there and watch the share price rocket from 3.5p-4p-6p-10p-12p-15p-20p-25p-50p, when they sold out at 3p. They will probably commit suicide when this happens, hence their sheer commitment to deramping NML.

Just DO YOUR OWN RESEARCH, read the website, Geologist's report and RNS's and discover the facts about this HUGELY UNDERVALUED COMPANY.

NEWS OUT!

To any new investors......Before you buy NML, study the trading history of this share.

You will see that the share price has been artificially depressed by repeated selling by person or persons unknown. The selling indicates that some of the people that purchased shares in the placings made in 2004 are dumping their shares into the market to make a profit on the share price premium.

They purchased their shares at 3p or 3.7p or 4p and have millions of them. How high do you really think NML's share price will get on any good news before the placees and the exisiting shareholders SELL/DUMP into the strength and cause the share price to crash and trap you with a high spread and low chance of getting out with a profit?

NML's directors failed to make proper declarations of their holdings in 2004 and are presently under investigation by the AIM regulation department. This alone should make you pause for thought, but then when you consider that there are other serious questions about the viability of the project, you should make sure that your research into NML does not confine you to the propaganda put out by their publicity people or the company website.

Use all the resources of the internet to check into the personel of this company and their background. Find out if they really do have the mining experince that they claim to have. Find out why the previous license holders decided to stop the project. They claimed it was because of financial problems elsewhere, but is this the truth? If the project is a money-spinner, doesn't it sound odd that they stopped a supposedly money-earning project?

By all means read the BBs and the posts from both sets of posters, but do use your common sense to decide who is really telling the truth and who is waffling nonsense. You may find that the investors are ramping the share shamelessly, because they've been trapped in the share for a year or more and are desperate to get out. They'll tell you anything to try and get you in and some have even stated that the moment the price is right, they are selling out or selling a large amount of their shares. Even some of the biggest holders with 'close' connections to the company directors.

The share price itself is the biggest example of how poorly this company has performed. Despite announcing that they are now a diamond producer, the share price has persistantly failed to rise. The 'mystery' seller(s) have been taking advantage of the gullibility of the present shareholders and their willingness to keep buying up any cheap shares.

Sure the financials and geologicial reports would make one think that NML has good prospects, but if this is so, then why is the placee dumping so much so often for such a low price. The serial seller is just making a small profit at the expense of the current shareholders. There have been new placings in the recent history (as I predicted there would be) and these shares will probably be 'dumped' at a profit when the share price rises even modestly. Further depressing the share price and spoiling any good news.

I predicted that the share price would drop to 4p and the other shareholders here rubbished my analysis. I predicted the dilutions and the other shareholders laughed at my analysis. I predicted that the company would fail to start in February (as they planned to) and the other shareholders said the company would start on time.

I am now predicting IMO, that the share price will spike on any announcement, only to be squashed by a deluge of selling from the placees and the present shareholders. If you invest in NML, IMHO, it is unlikely that you will be able to sell fast enough to make even a small profit.

By all means do your own research, but do it thoroughly. The majority of the shareholders on this BB have not done their research, otherwise they would have discovered the facts that I uncovered about NML.

IMO don't believe everything the investors or the company tell you. Find out if they are telling the truth, or spinning a lie to convince you to invest, so they can get out.....

To any new investors:

NML is a massively undervalued DIAMOND PRODUCER with excellent prospects.

The company's own projections backed up by the official Geologist's report state that they will produce 10k-20k cts/month giving a profit AT LEAST 2Million per annum.

On a typical p/e of 15, this would put a fair value on the company of 30M, a share price of 25p+.

Current value is just 5M.

A challenge to the derampers and bitter ex-shareholders: CAN YOU FIND ANOTHER DIAMOND PRODUCER THAT IS SO MASSIVELY UNDERVALUED?

(I already know the answer to that one, and it's not yes).

Don't listen to what ANOMALOUS1/Anomalous/ASMITH2/Gaybriefs/VENOMOUSVIPER/legend20832 post across the internet about this share.

They are one or two extremely bitter-and-twisted ex-shareholders who ran out of patience, and now spend all their time and energy knocking this stock day in, day out. They will twist any piece of information to suit their purpose, which is to avoid the situation where they have to sit there and watch the share price rocket from 3.5p-4p-6p-10p-12p-15p-20p-25p-50p, when they sold out at 3p. They will probably commit suicide when this happens, hence their sheer commitment to deramping NML.

Just DO YOUR OWN RESEARCH, read the website, Geologist's report and RNS's and discover the facts about this HUGELY UNDERVALUED COMPANY.