KENNADY DIAMONDS INC V.KDI

Kelvin and Faraday

[DenvCol1]

All right, I will admit that I was having doubts about Kennady Diamonds. I am still a little bothered by what appears to be inflated diamond grades because the big diamonds are included in the grade calculations. However, I am really getting positive about the enlarging Kelvin dyke and the first delineation drilling at the Faraday dyke. Faraday is finally being explored and drilled is a comprehensive way. I thought Faraday was being ignored, but now I realize that Faraday was simply being delayed. and now has good potential. I would still like to see further exploration on the North Kennady Lake leases to see if we can identify more dykes or maybe some pipes.

[ValueSpotter]

Okay everyone... DC is finally on board. It was a tough couple years but now that we have DC we can focus on the ever increasing resource and the grades this summer. I'm hoping for 3cpt. with a large kimberlite resource. They are saying 5 to 8 but with the new results 10 million tons at Kelvin is not unreasonable... and that's only Kelvin. Just my opinion though. VS

[DenvCol1]

ValueSpotter, I was never completely off-board, I just kept my reservations to myself because a lot of MPVers own stock in KDI. I did not want to undermine the investments of my fellow MPVers and KDIers who I have a lot of respect for. Plus, I have a lot of respect for Patrick Evans. I am very impressed with the rate of exploration and development that Patrick Evans is accomplishing at KDI. I am

[jediknight]

PE should  I hope be spending some time and $$$ looking for the pipes that produced the dykes. Finding the pipes would be best thing he can accomplish at this stage.  Also looking forward to the PR where diamond counts are disclosed.

[DenvCol1]

It is going to take us some time to figure out the geology at North Kennady Lake. Patrick Evans is aggressive. I am sure he will conduct a lot more geophysics and drilling. We just need more money to make it happen!

[ValueSpotter]

I have always wondered from day one... do they know of a pipe or at least a possible pipe and are holding it in their back pocket. MPV did alot of drilling on the current KDI lands and then stopped, spun it out and started drilling again. The thing I have always found odd is that they hit kimberlite on almost every drill hole. Right of the get go. Magically this new drill hole north of the main

[DenvCol1]

Value Spotter, I don't think that Patrick Evans is holding a kimberlite pipe in his back pocket. I believe if Patrick knew of a kimberlite pipe at North Kennady Lake, he would have the drilling rigs mobilized right away!

[jediknight]

Finding a pipe or two would be the steak. We have the graveyard already.

[DenvCol1]

Let's let Patrick Evans drill up Faraday, and then we can move on to some nice exploration targets on other areas of North Kennady Lake!

[ValueSpotter]

DC... you must admit that the percentage of drill holes that have hit kimberlite is disproportionately high. You must also admit that to have two, possibly three kimberlite bodies within close proximity without a pipe nearby is unlikely. My point is that if there is one on the KDI lands then my bet is that it will be where MPV drilled in the past. I don't think it is obvious and they just don&

[DenvCol1]

Let's do some more drilling of Kelvin and Faraday and see how extensive these bodies are, They do appear to be relatively large and thick. If a pipe is in the area, eventually it will be found.

[youngkid]

Some nice price movement, could we be expecting further good news on Faraday as we approach the 10 interval for another NR?