SI
SI
discoversearch

Gold/Mining/Energy
Canadian Diamond Play Cafi
An SI Board Since July 2002
Posts SubjectMarks Bans
15494 155 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
15494 PGD News Release Peregrine's Chidliak PEA pegs after-tax NPV at $679MPeregrRocket Red-8 AM
15493 Dunnedin Provides Update on Ongoing Drilling at Kahuna Project – First pocotrader-May 10
15492The diamond industry is sound asleep I got to wonder if JK who lives in Californjames flannigan-May 3
15491The Friedland Bros bloom is off the rose it seems.Eric has been hiding under a rjames flannigan-April 28
15490correction: should have been "fore arc" environment, not "back arteevee-April 27
15489 Charles Fipke-news late yesterday 20pocotrader-April 27
15488MadDogMike, Here is my interpretation: The geological setting is interesting inteevee1April 27
15487Exactly. It was not traded on any exchange that I have detailed data for, whichWillP-April 27
15486There could be some FTIR work done, and 'probing diamond inclusions. That woteevee-April 26
15485it might of not be a block trade, could have been a bunch of anonymous smaller opocotrader-April 26
15484 I'm guessing it wasn't actually an acquisition in the public market...bMadDogMike-April 26
15483I have no Idea, I just got the info from Canadian insider which I'm a memberpocotrader-April 26
15482 What exchange was that block trade on - April 19th? It wasn't on the main MadDogMike-April 26
15481Fipke might be liking what he see's from the drilling going onpocotrader-April 26
15480DVI , this report is a pretty good vote of confidence from Fipke Amended Filinpocotrader-April 26
15479 I agree. Too early to make any assumptions one way or the other. Sometimes alMadDogMike-April 26
15478I hear what you are saying, however, plotting the size frequencies suggests the teevee2April 26
15477 Very interested in following this play. Current problem is not the lack of stoMadDogMike-April 26
15476 something to keep an eye out for: From the April 24th press release: Microdteevee2April 26
15475Insider Buying on DVI interesting... make your own judgement on the same. goto PaulDerek1April 26
15474I heard drilling had been delayed because of snow, waiting foe results .pocotrader-April 25
15473DVI?PaulDerek-April 25
15472[tweet] Saskatchewan diamonds – –Star ORION and RIO. I don't quite understaBreccia-April 19
15471I own CPG stock and much like PGD we need new management. http://fixcpg.com/docjames flannigan-April 18
15470I own CPG stock and much like PGD we need new management. http://fixcpg.com/docjames flannigan-April 18
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.