Morning, it's hard to get any kind of trading on Diamond Fields way back when. I do know they did the deal with their suitor in several stages. Believe they first sold off 10% of VB once solid drill results and preliminary outliine of reserves done and then another 30% later when confirmed (more was found by then). So it took 2 years from first drilling to selling off 40% of VB (for more money than I like to think about).

You are right in that it would make me very nervous to sell off core holdings in NOT even at $6 as the story is far from over. However my guessis even RN would say that at $5 share price NOT is fully valued given what is known at this moment and he might also confirm we won't know fully what's a fair valuation for 4 months or more.

NOT has a pile of money in the bank right now and unfortunately that came from selling cheap shares (options etc.), had to be done and I'm not complaining BUT there are a lot of shares and that has affect on what each share can be valued at.

Yes I hold a nice position, not as much as some on this forum but nice and I don't actively trade daily. Still if NOT goes over $5 tomorrow I'll likely sell 30 or 40,000 shares and see if I can buy them back at 40 or 50 cents a share cheaper by end of week. If not then I've still locked in a great profit and can let core holdings ride for free.