Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Thelon Capital Ltd THVDF



GREY:THVDF - Post by User

Comment by Zerosumon Dec 31, 2014 12:14am
272 Views
Post# 23274552

RE:RE:Rollback

RE:RE:RollbackNice to see DO27 and surrounding claim rights rolled into Thelon Diamonds and distributed to existing THC shareholders. Thank you management - worth the wait. Grade as we know it is not stunning at DO 27 but there will be further development there I'm sure.  General Diamond industry metrics point upward. Claims are in a great neighborhood. They did not have to do it this way but I think it's the smartest way to realize locked up value from DO27 and surrounding area.
Eric Friedland's PGD has the BHP data sets on the entire area and more. Perhaps it will become more than future mill feed for DD in Lac De Gras.

Borrowed from John Kaiser's reseach online :

Valuations delivered in December 2007 came in with a range of US $43-$70 per carat, Even in a best case scenario of an 89 cpht grade and $70 per carat value, the rock value worked out to only $62 per carat. A preliminary tonnage estimate in the range of 20-25 million tonnes, which suggested an in situ diamond resource worth $1.6 billion. Given the enormous capital costs of developing a major diamond mine in the Arctic pushing $1 billion and involving many years of permitting, and operating costs of $45 per tonne or higher for open-pit mines, DO27 appears dead in the water as a standalone mine.
<< Previous
Bullboard Posts
Next >>