Post by
oiltar on Jan 18, 2015 8:59am
Think about it
John Kaiser thinks PGDs CH-6 is a US$ 4 billion pipe.Add in nearly 20% exchange to $ Canadian and its $5 billion.PGD trades in Canadian dollars for onlt 14 cents or $26 million.Now I don't think I maybe the sharpest knife in the Kitchen,but I think buying the richest diamond ore on the entire Earth valued now at over $600 per ton for 14 cents is my main focus.The rest of market conditions will not matter in the long run.
MPV was scrapped by Debeers one time.Debeers dropped the Kennady leases.The road to a diamond mine is full of unknowns until its not.Eric and I think we have one of the best diamond deposits on Earth.That title is a very rare one and when you find it you must understand it.PGD will deliver staggering returns in the next few years.
Comment by
MrBigger on Jan 18, 2015 11:29am
"PGD will deliver staggering returns in the next few years. " Well they have certainly delivered staggering dilution!!
Comment by
maintenance1 on Jan 18, 2015 11:36am
I also think that this is true. It just becomes difficult to stand firm in your convictions when the draft from everyone rushing for the exits is pulling you along with them.