GREY:PGDIF - Post by User
Post by
oiltaron Jul 15, 2015 6:33am
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Post# 23925015
Debeers in true fashion
Debeers in true fashionShelved the JV one time with MPV now its new mine
Shelved the now producing Victor mine.
Told Winspear share holder the first bid was final then raised it and now mine Snap lake.
Dropped the Kelvin Farady leases but it seems KDI is going to prove a mine.
Dropped the option on Chiliak.
Willp says KDI may have a multi billion dollar deposit.
"Mountain Province Diamonds Inc. (MPV: $4.90) is building a billion-dollar mine with De Beers Canada. It is also just west of the Kelvin-Faraday project, where Mr. Evans hopes to have a second mine with his Kennady Diamonds Inc. (KDI: $4.75). Mountain Province and De Beers once owned Margaret Lake and surrounding properties, but they dropped them several years ago when nothing worthwhile turned up. (Not to worry: De Beers also dropped the ground hosting Kelvin-Faraday, which could also be a multibillion-dollar deposit.)
PGD already does so will Debeers be back?History says yes.
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