We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Canadian Diamond Play Cafi
An SI Board Since July 2002
Posts SubjectMarks Bans
16047 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.

As of October 2019, the sector is still in a coma.
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
16047On the day...RJK was supposed to deliver Fipke Lab results...they came to marketMadDogMike-last Tuesday
16046I think the Canadian diamond exploration is bankrupt.But there is a gold JR expljames flannigan-June 26
16045Diamonds might have energy storage capabilities zerohedge.comThe Barracuda™-June 5
16044Yup. Washington group could care less about the people/funds they sold the debeMadDogMike-May 26
16043Isn't this a bit incestuous? Dominion Diamond reaches agreement to sell suBreccia2May 25
16042It looks like RJK just lined up #7 in the list of paid promotions. New article MadDogMike1May 21
16041I just read through the news from RJX. These guys are a joke. The lab report is Schneps5May 5
16040Fool me once, shame on you. Fool me twice, shame on me. RJK are idiots if they MadDogMike2May 1
16039Any other commodity...they would be told to twin the hole with proper drill equiMadDogMike-May 1
16038rotflmao pump job rjkRocket Red-May 1
16037This from Chuck Fipke. RJK Lab Report The project has moved from the mythical MadDogMike-May 1
16036THe guy who bought em was nutz to even buy them mines at the end of there life cRocket Red-April 23
16035Diamond mining in NWT is coming to an end. Once Diavik closes and Ekati bumps alMadDogMike-April 23
16034Diamond market is screwed for a few yearsRocket Red-April 23
16033Washington Group insulated themselves significantly from the DDC entity. BondholMadDogMike2April 23
16032Dominion Diamond Mines files for bankruptcy protection https://www.atinitonews.Rocket Red2April 23
16031Diamond miner Alrosa reports 60% sales fall as coronavirus hits trade https://wRocket Red1April 12
16030all broken diamonds anybody chasing RJX deserves to lose there moneyRocket Red-April 1
16029RJK 3rd opinion lab excises a bunch of tiny diamond fragments out of some unexciMadDogMike2April 1
16028Diamonds out of flavor I even sold my DIAM we could see another Great DeprRocket Red-April 1
16027Never heard of Scott MacDonald ever. Not sure he is lumping the two in a same aMadDogMike-April 1
16026 2020-03-31 17:00 C:LUC News Release200 Lucara Share Capital and Voting Rights URocket Red-March 31
16025Lucara Diamond to "sector perform" from "sector outperform" Rocket Red-March 31
16024Mr. MacDonald cut Mountain Province Diamonds to "sector underperform" Rocket Red1March 31
16023Globe says ratings cut for Mountain Province, Lucara 2020-03-31 08:31 ET - In tRocket Red-March 31
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):