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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

Post by kakundaon Oct 31, 2015 4:19pm
411 Views
Post# 24247231

well on the way

well on the wayl am sure the leadership pf Kdi never expected in their wildest dreams that this property would start to prove itself up the it has been doing.The tonnage keeps incresing with every drll program ,the carat count remains strong ect.Whats not to like, oh ya the valuation per carat. We are at the very low end of rough diamond valuations across the worold. As we know what goes down goes back up again. Within two years the valuation should increase 30 percent or better and we are already in the money re mining at these levels. l am sure with the 500 ton  sample being  done next year we will have a better cross section of the pipe and there will be bigger stones on average increasing the valuation per ton.Yes its a waiting game but all indicators keep gettin better re kimerlite tonnage depths strke length ect. The up coming samples presently being processed will add to the ongoing storey of success that is paving its way to be coming a mine. So l say what is the difference between a stand alone mine and taking on a partner to allow them to absorb a great deal of the cost as well. There is a old saying the market always knows. lt appears to put a great deal of confidence in KDI and we have the scotia mining  roudup coming as well. lt seems the capital funding wants to be a part of this one and we are on a funded  track until 2017 without having to water the stock down.Patience is not always easy but l believe will be rewarding in this case. THE KAKUNDA
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