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KENNADY DIAMONDS INC V.KDI

"Kennady Diamonds Inc. is a Canada-based diamond exploration company. It is engaged in the exploration, discovery, and development of diamond properties in Canada's Northwest Territories."


TSXV:KDI - Post by User

Bullboard Posts
Comment by DenvCol1on Nov 23, 2013 2:12pm
201 Views
Post# 21934966

RE:RE:RE:RE:Any Buyout of KDI Would Surprise Me

RE:RE:RE:RE:Any Buyout of KDI Would Surprise Me
Jediknight, you are right that de Beers would have to pay full value to get KDI,  But I jsut can't see de Beers going after KDI.  I believe Gahcho Kue will continue to get larger with deep Tuzo drilling.  Gahcho Kue will give de Beers a 20 year supply of diamonds, along with production from Snap Lake and Victor.  De Beers will also make money processing KDI ore.  I don't think De Beers needs to own KDI.  Although I could be wrong.  Time will tell!
Bullboard Posts