Pangolin Diamonds Corp V.PAN.H

Alternate Symbol(s): KGHZF

Metals & Mining Industrial Metals & Minerals

Pangolin Diamonds Corp. is a Canada-based diamond exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties in Botswana. The Company, through its wholly owned subsidiaries, holds title to various properties (the Pangolin Properties). The Pangolin Properties consist of approximately 17 diamond prospecting licenses (PLs). Its Motloutse Diamond Project is located in eastern Botswana and is comprised of eight diamond PLs. Its Kweneng Project is located in the Kweneng District and covers an area of approximately 361 square kilometers (km2). The Company's subsidiaries include Pangolin Diamonds Limited, Pangolin Diamonds (Pty) Limited, Geocontracts Botswana (Pty) Limited, and Amulet Diamond (Botswana) Pty Limited.

TSXV:PAN.H - Post by User

Pangolin Diamonds Corp

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Comment by RandomAttractoron Jun 19, 2008 6:55pm

342 Views

Post# 15206671

RE: PAN Could be Worth $90 in 5 years

"Soif everything goes perfectly, in the most optimistic scenario, afewyears from now they might be worth $2 or $3 per share tops. RIghtnow with all the risks, 20 - 30 cents seems reasonable."

I disagree:

Amount of Gas: 61,000,000,000,000.00

at 10% recovery sucess: 6,100,000,000,000.00

50% to JV partner: 3,050,000,000,000.00

$9 per thousand cubic feet: $27,450,000,000.00

Shares out:66,640,000.00

on full assets:$411.91

after 2% CEO royalty:$403.68

and will divide it by 30 years of production life: $13.46 sp

Market Cap $896,700,000.00

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