Post by
oiltar on Oct 28, 2015 7:59am
Its not too late
KDI will not be a stand alone mine.I spoke directly to the top diamond GEO in Canada.
KDI making a statement that its project is like GK and touts GK as the worlds highest margin mine is at best a dream when the KDI valuation is $65 ct when GK is $140 ct.How can any one here not see the spin on KDI and not see the difference in the two projects.KDI is not a GK by any measure of imagination.
I do not come here to bash KDI.PE needed to investigate the Kennady question after Debeers dropped the oprtion.My hats off to PE for daring to question Debeers on Kennady.He did what he had to do.He has done a very good job with MPV.But that does not change the results from this deep KDI deposit with very poor economics.The big mistake KDI shareholder face is doing another multi $ million dollar bulk sample and getting the same results(more poor econimic quality ore) with the tapped out treasury as a result.
IN the next 6 months MPV will no longer be able to tout its most highest margin diamond mine.That title is going to go to PGD.Its IRR will be twice GK.
At three times the market cap of PGD, KDI investors are taking on a very big risk with little or no chance of a stand alone mine.It would be advised by me to sell your KDI position and deploy that money into PGD that boasts a 3.5 times ct value of KDI before PGD floods the market with some of the highest economic numbers ever produced in Canadian diamond exploration over the coming weeks.
KDI had a shot at the diamond tripple crown,but it still not to late to change your bet.I see only one tripple crown winner post the Ekati Diavik era.PGDs IRR numbers will set a new Canadian diamond IRR record.
This is not bashing KDI or pumping PGD its going to be fact.