GREY:PGDIF - Post by User
Post by
Kidlapikon Feb 26, 2014 12:39pm
221 Views
Post# 22254012
My view
My viewI went from owning a highly speculative diamond play where many kimberlites were found to owning a:
2.78carat/per-ton with 5.7million tons at $213US per carat ALL IN ONE KIMBERLITE diamond play that still has all the other great stuff. The market is not only NOT factoring in the fact that the release just established a $3.4billion in-situ which is enough for a stand-alone mine, they are not factoring in the 6 other economic pipes, CH-10 CH-20 + step out and deep drilling increasing the tonnage of CH-6, the value of DO-27 to a buyer, the various targets generated by De Beers or the database of samples from BHP.
For all you pessimists tell me why this isnt good news without saying "look at the share price".
Just my opinion.