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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

Post by ThundaDownUndaon Feb 07, 2016 11:31am
252 Views
Post# 24533276

Not Looking Good For KDI Going Forward

Not Looking Good For KDI Going ForwardI was just reviewing the MPV chart (1995 to 2000) and comparing it with the KDI chart over the past 4 years since it was spun off. The similarities in price movement are uncanny.

If history repeats itself (as it did when comparing exploration phase Aber with exploration phase MPV) we could well see KDI return to the $1 range again in the coming 2 years.

That will represent the buying range we should be looking at.

As for MPV, that's my focus going forward, as the probability of a somewhat similar Aber move is exceptionally high as we move to production startup and beyond.

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