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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

Comment by Wisdomwithageon May 14, 2016 5:28pm
191 Views
Post# 24873928

RE:RE:RE:SELL KDI AND BUY THIS

RE:RE:RE:SELL KDI AND BUY THIS
DenvCol1 wrote: Brit, I am back in KDi after I took a nice profit on the stock 2 years ago. I am impressed with the new kimberlite pipes and the expansion of the Kelvin and Faraday dykes. I am still dedicated to MPV also. It will take me a while to research KDI. Denv.


Hey Denv,

I've retained just a smallish (5000 shares) position in KDI but still keep a close eye on it, and continue to review ongoing drill results. 

No question that KDI is a good company, but like Aber and MPV before it, the exploration stage can take a long, long time before it is determined, as GK has done, that the resource is economically viable. The next 2 -4 years should hold the story.

With the exception of my KDI shares, the diamond portion of my pf is entirely MPV, where I've really learned the importance of patience. Both companies, in my opinion are head and shoulders above the rest.

Cheers,

Brit
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