SI
SI
discoversearch

Gold/Mining/Energy
Canadian Diamond Play Cafi
An SI Board Since July 2002
Posts SubjectMarks Bans
14942 165 0
Emcee:  MadDogMike Type:  Moderated
In the ten years since the Lac de Gras discovery, Canada has yielded some very high grade diamond deposits. Five of the highest value per tonne deposits in the world are now in Canada, including the three richest in the world. By revenue, Canada is rapidly climbing the world diamond production ranking. From zero production in 1998, Canada has now overtaken Australia and become the world’s sixth largest diamond producer by revenue, accounting for about 6 % of world diamond production by revenue.It is estimated that Canada will be producing approximately 15 million carats per year by 2007, which will be almost 12% of world carat production. Canada’s projected diamond production looks even better by revenue. Based on three mines in Canada, revenue production will peak at about 19% of world diamond production by 2008. With commencement of full production at Diavik in 2003, Canada will be jockeying for third position with South Africa. There are more commercial diamond deposits yet to be confirmed throughout Canada. Canada’s statistics are impressive, but potential exists for these numbers to grow even further. There are other prospective diamond exploration regions in Canada. A few projects have emerged from the first decade or more of diamond exploration in Canada. These projects do not yet host advanced exploration or development stage projects. If all of them were developed, these discoveries could allow Canada to overtake Russia in second place of world revenue production rankings.
This forum is for News Analysis, Fundamental Analysis, Technical Analysis and Broad Diamond Mining Market Analysis. I am confident this forum will prove to be a valuable exchange of information, ideas and insight. Professional/Polite debates are encouraged. Please respect fellow members. The forum will be moderated. "Information on this discussion board may contain certain forward-looking statements. Statements may address future events and conditions, by their very nature; they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements and may be subject to significant risks. This is a stock discussion forum and all investment decisions made by you, are your sole responsibility. In no event will I or any of the members of this discussion board be responsible or liable to you or anyone else, for any decision made or action taken, based on the contents posted on this board. Any trade or investment made in part or in whole by reference to information posted on this board is & will be the sole responsibility of each and every individual investor. Always conduct your own Due Diligence. No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer to buy or sell the securities mentioned.

As of this month, Feb 2005, the diamond sector has shown signs of coming out of coma. Moving forward, there are signs the resource sector will continue to show high increase in market caps, specifically in diamond stocks. 2005/2006 can generate major interest in the resource sector.
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
14942probabilities are high I would think...but I wonder about PE's non compete aCaraota-yesterday
14941It seems to me SGF has little chance as an open pit mine but they have done a loBreccia-Sunday
14940What are the odds that Patrick Evans resurfaces at Shore Gold? MPV's main gMadDogMike-Sunday
14939I guess the newer (dec 2016) CEO of Rio tinto actually has some follow through aMadDogMike-last Friday
14938Strange sector. You could say that the project pipeline in Gold is filled with MadDogMike-last Friday
14937First time Rio Tinto showed interest in diamonds in years.....good sign...but whBreccia-last Friday
14936Earn in agreement shore gold and rio tinto. 7.5 year timeline. Interesting LongMadDogMike1last Friday
14935This is not a dream its real I think this is as big as Voisey Notice the diamonjames flannigan-last Thursday
14934Confused. What Happens if I Become a 20% or Greater Shareholder? Do not becomeMadDogMike-last Tuesday
14933So you have no problem losing another 40% so you can buy at 10 cents. Obviously MrBigger1last Tuesday
14932Didn't say there was. We need more dreamers..not less in this world. LONG.MadDogMike-last Tuesday
14931What's wrong with being a dreamer?Cayerman-last Tuesday
14930James the dreamer. If they were doing discounted rights offering at 10 cents...MadDogMike-last Tuesday
14929If they PGD do another 10 cent offering I will buy lots of it. JK bailed out injames flannigan-last Tuesday
14928Blog post with link to updated event timeline for Chidliak -- summer program - MadDogMike-last Tuesday
14927This drill program is about tonnage/volume at depth. "core drilling of up MadDogMike-June 19
14926"loan will be repayable on or before the the earlier of September 30, 2017 Michael Mc Donough-June 19
14925Yea! And Kdi is up a whopping nickel....Cayerman-June 19
14924KDI finally has a flagship stone. 7.78-carat white/colourless octahedron with nMadDogMike-June 19
14923ERIC moves it forward Eric steps upjames flannigan-June 19
14922Sounds like a deal might be near: UPDATE 1-Dominion Diamond says working diligejames flannigan-June 18
14921The analysts on the call did not even attempt to ask about the strategic discussMadDogMike-June 16
14920It is very likely the bidder for DDC wanted them to consolidate 100% of JAY so tjames flannigan-June 16
14919SWY leaned heavily on the quebec finance/government structure to get Renard to aMadDogMike-June 16
14918Sounds like a deal is near for DDC DDC was in talks with SWY for a merger.But ijames flannigan-June 16
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
Copyright © 1995-2017 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.