Post by
oiltar on Jun 01, 2016 8:54am
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
Comment by
mill44 on Jun 01, 2016 10:13am
Come on, Oiltar, don't give up now. Start pushing it. Take out that 21c and sellers might just disappear for a bit. You could see some buy and hold people show up finally.