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NAD - North Australian Diamonds

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brent2

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Hi all,

Anyone own any? Huge volumes after some significant diamond finds in the tailings (how did they miss the first time).

Regards,

Brent
 
NAD is just SKR renamed. Anyone considering trusting news released from NAD needs to familiarise themselves with SKR first.
 


Hi folks,

NAD ..... after a company report today, price
and volume lifted .....

..... starting the next run up, already???

Looking for some news/moves, around 10-13032006,
possibly finance-related ... ???

21-26042006 ... 2 cycles ... significant and positive ..... ???

happy trading

yogi



=====
 


Hi folks,

NAD ..... price action over the past week has
given us a couple of dojis and a hammer, as
we come into a couple of positive time cycles:

02062006 ..... significant and positive ... finance-related???

06062006 ..... more positive news ... ???

12062006 ..... minor

26062006 ..... minor and positive cycle.

30062006 ..... minor an positive

happy days

yogi

 


Hi folks,

NAD finally made double-bottom lows on
30062005 and 04092005, after a 12-year
downtrend from 1993 highs (Jupiter-related).

Just check out the NAD charts, below .....

Zoomed chart also shows expected price
retracement target around 5.4, around 11-15092006.
(see blue-dotted triangle)

As previously mentioned the 5.8 support and resistance
level is also evident in the zoomed chart, in the
first 6 months of 2004 ..... next target above
that 5.8 resistance will be 6.4, being the double-
tops, in January and August 2003.

Typically, NAD being a diamond stock should
improve, as the dry season continues and more
groundwork can be done, over coming months.

happy days

yogi



=====
 

Attachments

  • NADupdate02062006.pdf
    154.4 KB · Views: 20
  • NADzoom02062006.pdf
    79.2 KB · Views: 11


Hi folks,

NAD ..... as per post above, positive news
comes in, right on time .....

happy days

yogi

 
It's been a 5 year downward trend for North Australian Diamonds, from 22 cents in 2001, right down to 4.1 cents Tuesday close. Reports of a 10.54 carat stone find has done little so far. Perhaps the radio report, starting about 10-30am Wednesday, will change all that.

Report by Mr Tom Ratcliffe, Technical Director of NAD: http://www.brr.com.au/event/NAD/1748/12473
 

The above radio report does confirm that NAD are in the business of scavenging for diamonds at old diamond mines, still the 10.54 carat find and interestingly the difficulty in spotting diamonds is interesting.
 
hey everyone,

I just listened to the radio interview with the Technical Director. Seems pretty interesting but not promising. However, thats the name of the game. I first bought into this share at 0.044 c and sold out at 0.052. I was looking to get back in the stock but the market over the last few months has definitely gotten shakey. I think this is one of the main factors at present that is pinning the price of NAD down. If you look at small cap prospecting shares across the ASX, a large proportion of these class of shares are not performing like they were 6 months ago.


Quentin
 


Hi folks,

NAD ..... may have a last minute rally, before a negative
cycle comes into play next week.

After bottoming out from a 12-year downtrend, NAD has
recovered to form a cup-and-handle price pattern, since
mid-April 2006.

(..... for some reason our .pdf charts will not stick on
this forum ..... always comes up with an error message.)


http://www.incrediblecharts.com/forums/messages/8/nadupdate15112006-948872.pdf

Apex of dotted blue triangle on the attached NAD chart
is our next Gann-related target for BOTH price and time,
on 09072007 at 8 cents ... being a 50% retracement of
the previous downleg.

Looking ahead, at expected NAD time cycles .....

November 2006:

21112006 ..... significant and negative ... finances???

27112006 ..... negative light on NAD

December 2006:

11-15122006 ..... 3 major and negative cycles here

15122006 ..... positive news expected???

27122006 ..... positive spotlight on NAD

January 2007:

02012007 ..... positive news here???

08012007 ..... minor

18012007 ..... minor

23012007 ..... aggressive rally here???

01022007 ..... significant and negative - finances???

February 2007:

06022007 ..... negative news expected.

23022007 ..... 2 cycles here ... negative spotlight on
NAD brings more bad news ..... expect
price to be same as 06022007 or lower.

26022007 ..... minor ..... finance-related???

March 2007:

05032007 ..... minor

22032007 ..... equinox brings positive financial news,
but it is likely to be short-lived.

23032007 ..... significant and negative news here???

26032007 ..... minor

April 2007:

12042007 ..... significant and negative cycle here.

13042007 ..... minor news

16042007 ..... significant and negative - finances???

25042007 ..... positive spotlight on NAD

30042007 ..... positive news expected here .....

happy days

yogi



=====
 
Good one Yogi, interesting chart from many aspects, so is the weekly. Going on pure technical theory of "no such thing as a 4 top" this should break out this time. I'll be putting a price alert on this one for sure! Thanks!

Heres a chart!
 

Attachments

  • NADnov16.gif
    36.9 KB · Views: 209
Uranium...

Interesting play from a diamond company.

1.5 mill raised at 4.3 cents.
 
I have been through the Striker Resources announcements and there doesn't seem a heap of negative stuff. Can anyone explain what Striker Resources did wrong?

It has taken them some time to get this Merlin mine up and going. They have a uranium tenement on there side now also. And diamonds haven't exactly had their time in the sun of late either.

There has been increasing holding by a significant UK resources fund manager in AGP which now owns 14% of NAD.

For those who dont know, AGP also bought into IDO when it was known as AKD. AKD was 2 cents, and as IDO is now 82 cents.

It seems to me like AGP would have a fair track record. I couldnt see them buying into NAD if it was a dud share. But thats just my long term logic thinking. Short term I dont know.....

Thinking outloud.

NAD gets commericial on Merlin mine and they have 600 million dollars worth of diamonds. They get their uranium tenement sorted and who knows....

Anyone holding? I am thinking of buying a decent stake at 3.5 cents.

For a 5 year hold with the view that stage 3 will come....
 
NAD possibly ready to go again, went from 3.6 cents to 4.5 cents. Back down to 4 cents...uranium drilling, and merlin drilling to continue. I would take a punt on some news coming out on the next few weeks with the sort of movement that took place.
 
Funny games going on in the diamonds sector now. Been pretty flat of late.

Drilling season kicks in soon, could be time to place bets.

Have noticed a number of diamond companies not just NAD spike recently.

Will be interesting to see if NAD sets up a new float for there uranium tenements.

Could be why they raised capital for that...

Time will tell. If they are smart they will seperate the uranium from their diamonds business by creating two seperate vehicles.
 
Do you know there is a kind of technology that diamond could be made in factory even debeer could not tell the difference from natural diamond?
I think diamond company's future is doomed. Be cautious.
 
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