KWG can now explore year round
I have found KWG and others around the DeBeers Victor site to be seasonally plays i.e. limited to winter conditions. I have been reviewing some DeBeers materials as to its progress and talking to other folks and now have come to the conclusion that KWG is now worthwhile watching year round. Information and comments I have received are randomly set out as:
KWG’s MacFadyen kimberlite pipes have a key ingredient of : location – location – location (adjacent to the Debeers Victor mine (the tie-on).
1. area now proven that it produces the worlds finest large diamond crystals
2. macfadyen kimberlites are Diamondiferous
3. macfadyen kimberlites analogous to the victor pipe
4. only one hundred feet of overburden
5. macfadyen kimberlites within a few km of the Victor pipes
6. KWG can access debeers’ all weather access road within 1 km from macfadyen pipes
7. all year access exploration potential
8. 100% access to debeers 5000 ft. all weather airstrip
9. 100% access to debeers winter road
??10. brand new hydro line from attawapiskit
11. mini bulk samples completed on ‘Good Friday’ pipe,
12. current company press release work on macfadyen #1 pipe and macfadyen # 2 pipe are in progress with the intent to do full analysis
13. plans and funding in progress to start large diameter coring for a large bulk sample.
14. apparently, Divatik and Etaki do not have some of the advantages KWG has
This is where I speculate that there is potential to discover in quantity the finest diamond crystals (comparable to Victor site; to the beaches of Namibia, the Premier in S.A.; the Aredor in Guinea) with values between $500 to $800 per carat. And if this becomes reality DeBeers would love to extend its diamond operations for several more years.
Share price is a good entry point, momentum is starting to build and ……
wally