Canadian Diamond Play Cafi
An SI Board Since July 2002
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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.
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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.
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14881Based on their dimensions in the corporate presentation..I'm going to estimaMadDogMike-8 hours ago
14880There is a tonne of fluff in that news release KDI. Scrap all that fluff away aMadDogMike-9 hours ago
14879Shares Issued and Outstanding: 50,802,933 TSX-V: KDI TORONTO, May 23, 2017 /CNWMrBigger-9 AM
14878Intersting that Haywood securities....analyst mark Geordie dropped coverage on KMadDogMike-last Saturday
14877From our friend Will P on Stockhouse: Jim Gowans's Dominion Diamond Corp. (Cayerman-last Friday
14876DDC and 0.5 mm sieve. interesting that they are still using the 0.5 mm sieve inMadDogMike-last Friday
14875Great news on the Faraday 2 Stones. The ugliness has been officially deferred uMadDogMike-last Friday
14874That one line does stick out like a sore thumb. Regardless of what you officialMadDogMike-last Friday
14873PGD would seem like a nice extension!Michael Mc Donough-last Friday
14872No DDC buy out? No IRR at Jay? DCC was at $11 CDN before the Washington interesjames flannigan-last Friday
14871Yikes!!!! "Our Ekati NAV [net asset value] reduces to $141-million (U.S.) james flannigan-last Friday
14870I too question the economics of JAY more so as it has no IRR if diamond prices djames flannigan-last Friday
14869How about gold? The diamond stocks are in the trash can as MPVD and SWY failed james flannigan-last Friday
14868“There has been no greenfield exploration at Ekati since 2007" Big mMrBigger-last Thursday
14867DDC applying glitter glue to Ekati in massive buckets. Keep it coming. --> MadDogMike-last Thursday
14866On your last point. I read the lamb article and thought about...who is the visiMadDogMike1last Wednesday
14865Right now I'm so freaking ticked off with my cell-phone provider.... FranklWillP-last Wednesday
14864Biggest problem with Diamond Exploration or Production takes way to long for invRocket Red1last Wednesday
14863Forget about Canada. Here is another article from 2014 from William Lamb callinMadDogMike-last Wednesday
14862Well it's the Bruce Buffer says, UFC announcer....ITS TIME!!!!!!Cayerman-last Tuesday
14861How much consolidation has gone on in the diamond industry in canada in the lastMadDogMike-last Tuesday
14860If there was a change in control at DDC (take over)...would there not be a chancMadDogMike-May 15
14859KDI diamond recovery. We are at mid may now. What did KDI mgmt say: "FinMadDogMike-May 15
14858Now over the $18 CDN offer. RIO in my view is needed to win the bidding war or james flannigan-May 15
14857DDC slowly creeping up to the Washington $13.50 US offer. I think we could seejames flannigan-May 15
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