GREY:PGDIF - Post by User
Post by
madmannon Dec 10, 2014 4:37pm
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Post# 23216811
Buy of the Century.....decade...year....month.....?
Buy of the Century.....decade...year....month.....?A Reminder:
Approximately 6,400 kimberlite pipes have been discovered in the world, of those approximately 900 have been classified as diamondiferous, and of those just over 30 have been economic enough to mine for diamonds.
so we have more than 1% of all Kimberlite pipes ever discovered (on Chidliak alone) and of those more than 10% of them are potentially economic. Or "potentially" 25% of the entire planets econonmic pipes (8 of 38) are located at Chidliak. And we trade at a market cap of
$32,000,000 (with $15m in the bank). Thats $17,000,000 for 8 potentially economic pipes
not including D027 etc etc.