Am a long term hold of Shear Minerals(SRM). Today they announced diamond counts that to the average eye would seem spectacular ie: 54 diamonds of which 3 were macro from a 2.95 kilogram sample(as in 7 1/2 lbs).

In the past this would have started a mad rush, especially since the issue is staggering along at year lows. Instead a big yawn would be more descriptive.

I believe the reaction is typical of the overall current market malaise. People are just not going to commit until they get a firm belief of the market's direction no matter what the probable potential might be.

Hope I am totally wrong and that upon any release this issue goes to the moon.

Onward and Upward.