KENNADY DIAMONDS INC V.KDI

Canaccord Target - $4

[ekim]

"Kennedy Diamonds price target lowered to $4 from $4.50 at Canaccord, reflecting the new Kelvin diamond valuation, and a change in their model from a conceptual standalone mine to a satellite of the next door Gacho Kue diamond mine."

It will be interesting PEA for sure.

EKIM

[MrBigger]

NO way IMO will would it ever be a stand alone mine in that location. As mill feed?? Absolutely as long as C$ is where it currently stands. Thing is low $ value mill feed will not be required for a decade or so IMO.

[ekim]

Canaccord thinks different and apparently is using clients accounts to prove it. Seems to be the biggest broker on the buy side recently. They do not want this thing to slide at all and are using green cash to keep it up. 15:26:29 V 3.89 0.29 1,000 33 Canaccord 79 CIBC K 15:26:29 V 3.88 0.28