posted on
Feb 21, 2008 10:50AM

Welcome To The Snowfield Development Corp. HUB On AGORACOM
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Message: Re: NR
I would say that most expected one of two things:
- some info about the diamond counts from the samples sent out already.
- news from ongoing drilling operations, ie. a new kimberlite formation found.
News is good, but not that good! To me (a newbie, but I have some tech knowledge) I would say that in the short term, share price will float around 0.45 +/- as the new private placement is at that price. Not many would pay much more when someone is getting a few million shares @ 0.45.
Longer term, that same someone is willing to accept warrants @ 0.90, so there's solid belief that share value will rise above 0.90.
Diamond counts next week, I hope?
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