Post by
ekim on Apr 21, 2017 12:26pm
KDI results out in 2 or 3 weeks
I perused the latest presentation on the KDI site.
Didn't realize how deep the faraday pipes were...and under a small lake.
Faraday 1 and 3 start at 600 metres below surface and Faraday 2 starts at 300 metres below surface.
Operating costs per tonne at Faraday would be a good uptick higher then Kelvin.
Chidliak will be drilling down to 500 metres this summer...maybe deeper?
Will 2017 end with the pecking order of these two companies put in their appropriate places?
Chidliak could come up with a next size up PEA and KDI may still defer a basecase PEA yet again. Eventually something has to give.
LONG...PGD
EKIM
Comment by
mill44 on Apr 21, 2017 12:50pm
KDI won't make a difference in PGD, at least not a positive one, even if drops to zero. Not unless you convince Dermot to switch teams. Maybe your blog should be more targeted.
Comment by
Silverwhere on Apr 21, 2017 3:11pm
What's wrong princess? You can't handle the TRUTH + can't handle some of YOUR own sad sack medicine? Too funny. "Good luck" DB.
Comment by
griefman on Apr 21, 2017 3:43pm
Disagree with Mill? Gee I wonder what Millski will say? Oh right, I'm right, you're wrong.... Plus, can someone ask Millski what he means by saying to Mike that his blog should maybe be more targeted? What's with dat?
Comment by
Kidlapik on Apr 21, 2017 3:30pm
I disagree with you Mill. KDI is the best comparable company to PGD presently as far as assets, location and stage of development. It is incredibly relevant to PGD.
Comment by
ekim on Apr 21, 2017 7:34pm
I think the point mill is that PGD, SGF and KDI are the only legitimate projects that have any shot at getting into production...whatever ones opinion on each is....every single other project in Canada is garbage right now. Potential and nothing more. LONG...PGD EKIM
Comment by
mill44 on Apr 21, 2017 8:01pm
One company's success might attract attention to the other 2 but one's failure will not help the others and I am sure that you are not expecting KDI to do too well. In PGD's case yes, the potential is there, but also the risks. The company has to surprise the market with something to realize any of that potential.
Comment by
lovecarats on Apr 21, 2017 7:13pm
Mike, from what I see both Kelvin and Faraday basically subcrop and the bulk of the kimberlite is not more than 200 metres below surface. Not sure where you got your impression of 300-600m depths. Bulk sampling 300-600m depth would be incredibly costly. Better check your perspective with a clear head. Cheers. LC