Post by
madmann on Aug 21, 2016 9:31pm
XDeBeers
Any thoughts on Canalaska (CVV)?
I know this isnt the board to post on however I find it VERY intriguing and early stage. They have large potential kim pipes. If even one of them makes the grade (and with 25M shres outstanding) and 30% interest with Debeers optioned interest, this could go ballistic! Not to mentionmCamecos uranium interest, Fjordlands option on another diamond firld and Canterra's (Randy Turner) option on yet another potential diamond field (Carswell).
tia,
M
Comment by
MrBigger on Aug 22, 2016 8:48am
"They have large potential kim pipes" Pure spec as they could be magnetic mud like Montello's supposed kimberlites. Given their market cap relative to PGD (about 45%) with a what $3 billion diamond deposit I would have my money on PGD.
Comment by
MrBigger on Aug 22, 2016 11:29am
Your right if Debeer's finds "a" diamond bearing pipe CVV's market cap will probably exceed PGD's. Even though with that 1 pipe CVV would be diluted down to 30% while PGD has 100% of several minable pipes worth about 3 billion with proven hi quality diamonds and a PEA and 100%. Crazy but it is what it is.