From Investor News Network
From: Investor News Network.
To find out what about diamond miners, we asked Dunnedin Ventures (TSXV:DVI) CEO Chris Taylor ..
INN: What advice do you give diamond investors most frequently?
CT: I would look for stories where you have proven results on the diamond side and good indications that there’s potential for additional discovery.
In terms of diamond mining, I’ll speak to a Canadian context — the best place to go and look for diamonds is where you’ve already found the big diamonds, and projects like ours where you have populations of attractive diamonds and big diamonds.
Those are the places that should be attracting investment dollars first. So much of the Canadian diamond exploration industry takes place in very, very remote areas in the Canadian Arctic. We are up in the Arctic but we are quite close to infrastructure — the targets that we’re working on are very close to an all-season access road to the Meliadine Gold Mine, for instance, and the project is equidistant between two communities.
That reduces our exploration costs.
INN: Apart from your own company, are there any other companies you think our investor audience should be following closely in 2017?
CT: I’ve been following Kennady Diamonds (TSXV:KDI) for several years, and two of our directors are also directors of Kennady Diamonds. Kennady has recently published an Indicated Resource for one of their kimberlites.
That’s a great story people should follow and a good company to pay attention to whose growth we definitely aim to emulate.