GREY:PGDIF - Post by User
Post by
oiltaron Jun 01, 2016 8:54am
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Post# 24922336
The odds have increased BIG TIME!!!
The odds have increased BIG TIME!!!With DDC news yesterday delaying the JAY mining for 6 more years is a nice way of saying SHELVED. I expected DDC would under Gowans stop the project as its economics are no better at Jay then KDIs results that MPV is scrambling to salvage Demonds investment as it is not a stand alone mine no more than Jay is.The message is if DDC can not make a go of Jay at the Ekati plant then why would KDI mine its ore beside the GK plant?Both have VERY similar uneconomic stand alone ore.I now put the odds much higher that DDC gets involved with PGD as its diamond quality of all current players in diamond exploration has the highest rock value per ton at the very top of the list of explorers. CONCLUSION DDC IS COMING TO CHIDLIAK