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KENNADY DIAMONDS INC V.KDI

"Kennady Diamonds Inc. is a Canada-based diamond exploration company. It is engaged in the exploration, discovery, and development of diamond properties in Canada's Northwest Territories."


TSXV:KDI - Post by User

Comment by oiltaron Aug 30, 2015 6:56am
73 Views
Post# 24063019

RE:RE:RE:oil man

RE:RE:RE:oil manexplorer49 your ceditbility on PGD numbers is in question.You did not mention the CH-7  7 million ton foot print and you did not see the latest TFFE of 11 million cts in only the top 250m of CH-6.It is now a good bet the total tonnage of CH-6 is another 7mt pipe.If we take 7mt X by 2.58ct we get 18 million cts @ $213 for rock value of $3.8 billion US or $5 billion using current exhange rates.The CH-6r- has only 4m of over burden not the 100mto 200m strip for KDI.The Chidliak pipes are not under lakes like lac de grass pipes are so building a mine will be half your target of $1 billion.The company thinks it can build it mine for $500 million.Oh did I mention the pending bulks sample of CH-7 500t? We lets look at some numbers lets say the grade comes in at 1.5ct per ton and a value of $213.Then we would have 10.5 million cts worth $.2.2 billion US or $2.6 billion CDN

Now add it $5 billion +$2.6 = $7.6 with all that rock at the surface.Did KDI have its five top diamond sizes all gem stones.No. Did the CH-6 have all its 5 top rocks gem stones?Yes.Did the Top 5 CH-6 rock show its  large diamond gem stone twice the size of KDI largets gem stone? Yes.

Do larger gem stones multiply the ct values up the size chain draging up the parcel value higher as they do?Yes Do brown diamonds bring down the over all ct values in the parcel?Yes
Did PGD have any brown diamonds in its top 5 rocks? No Did KDI have around a 40% weighting of brown diamonds (turds) in its 5 top rocks? Yes

explorer49 do you know the difference between pump and fact? Never mind I will answer that "I doubt it"You can not argue the facts but you can put some lip stick on a pig.I want high values for KDI I just don't see it and the strip ratio KILLED Snap Lake and it has never turned a profit for Debeers who could not stay in the Chidliak game.Robert Friedland dos not need Debeers.He will put a mine on Baffin Island long before KDI makes a mine.

I hope KDI can make a mine but its diamond quality is no were near Chidliaks.You will learn about diamond quality when the KDI value comes in the hard way.KDI does have a chance to make a mine due to its high grade.If the numbers come in on your target of $150 ct then its a mine.If it come in @ $75 ct then the strip ratio is in question.
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