Post by
oiltar on Jul 15, 2015 1:37pm
Kennady is risky
The absents of big stones even though its a small sample puts the valuation in question.DDC has the 2ct Jay pipe but its diamonds are very poor quality and that pipe is boarder line economic.
If KDIs bulk sample is short on big stones then valuations are in question.
Remember NAR went from possible new yellow diamond source to bust over night.KDIs share price is expecting high valuations,but I now put that in question.I want KDI to succeed but like NAR it could go the wrong way.
If I were KDI share holders I would take some off and put it into PGD as back up.That project already has higher grade and I expect much higher valuation than KDI will produce.In short PGD is much less risky
But good luck to all KDI shareholders.
I own no KDI or NAR and never did.I do own PGD
Comment by
whiteirish on Jul 15, 2015 9:45pm
So the KDI CEO has bought KDI in the open market this year : https://canadianinsider.com/company?menu_tickersearch=kdi And the PGD guys are being granted options on a 22 cent stock at 35 cents : https://canadianinsider.com/company?menu_tickersearch=PGD%20%7C%20Peregrine%20Diamonds And KDI is risky.