RE:RE:RE:RE:RE:RE:RE:Agenda??????????????????????If I'm not mistaken, I believe there more PGD bull's posting here on KDI then strictly KDI bulls.
Some of those PGD bull's do also own shares in KDI.
I push the economics of Chidliak to whoever will listen rather then push Peregrine Diamonds themselves. People can do there own due diligence.
On the reason why we have more posters recently, not necessarily KDI posters posting here is pure news flow.
A few of us in the diamond sector were all over NAR when it was releasing it's bulk sample of yellow diamonds.
A few of us were trolling SWY trying to figure out their warrants/streaming and financing hell during that period.
Not many over at the SGF thread...as a huge lull in news.
Point is, KDI's bulk sample valuation is imminent and every stakeholder in the diamond sector in Canada and abroad are waiting for it.
If the valuations blow the market away, a signfiicant portion of those people will jump on the bandwagon.
If the valuations are meh. people will just move onto the next news story.
Emotional investing at it's best.
Don't have any tips on KDI...but if were you sell KDI as you suggest...you might want to pick Lucara as they were pre-destined to have an off year because of extra waste development that was all over the discussions late last year. Next year, they will be back to normal.
Buy SWY a couple months prior to production and take a risk that they actually do find a 100+ carat + stone and if they don't in the short production run..then just get out and break even.
Those would be lower risk with moderate reward.
Both KDI and PGD are flaunt with risk...but could have high reward in the end.
NAR....high risk....and only a very small possibility of a reward of any kind at this point.
Lucapa would be one to consider as well..but doesn't trade in Canada. Maybe on the US exchange as an ADR or some such.
EKIM