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Gold/Mining/Energy
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.
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.
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15630a big new, discovery is on its way, but I can't say anything at this time;-teevee-yesterday
15629Hard to believe DeBeers offer can start looking good after this week in diamondsSchneps-yesterday
15628Anyone got their Peregrine voting documentation, if you're not impressed witBreccia-yesterday
15627the diamond plays need a kick in the butt, a big new discovery would help, otherpocotrader-yesterday
15626 SWY trading like she is over. Down another 10%. Carnage. SWY one year returMichael Mc Donough-yesterday
15625Yowza. SWY down 9.3% MPVD down 5.32% Brutal 2Q for Tahera, errr SWY Maybe Michael Mc Donough1Tuesday
15624Lucara - Karowe. I was amazed at the low operating cost per tonne when I first MadDogMike2August 8
15623SBB? Once a company gets that "chinese stink" on it, I stay away, Selwteevee-August 2
15622Eric threw in the towel and caved in to Debeers low ball bid.But I can tell you james flannigan-August 2
15621still holdingpocotrader-August 1
15620 dviPaulDerek-August 1
15619 deleted my post... PaulDerek-July 30
15618 Here is just more proof that the sector/exchange is destined for failure: &quoMadDogMike-July 30
15617I agree take ATC they are posting stellar results yet the SP some times falls onjames flannigan-July 28
15616HFT bots are going to kill venture 5 years or less I do believe the exchange wilRocket Red5July 27
15615This problem is sector wide. The problem of having too many retail shareholders teevee2July 27
15614The F sprinkle of moon dust was nothing more than a myth. Its a great day for james flannigan2July 27
15613play the promotional pumps and forget getting buyout targetsRocket Red-July 25
15612 how can we make any money PaulDerek-July 25
15611I agree. The NVT take over in my view is SBB.My PGD money is out and into SBBjames flannigan-July 25
15610lol pgd its over PEOPLE move along most got f'd over so diamonds are not youRocket Red-July 24
15609oh boy. The depression is setting in.......... Natedog-July 24
15608Well its all about Capital deployment and rate of return.With PGD not getting injames flannigan-July 23
15607why bother? The main lesson is that in addition to grade, size matters too (sizeteevee1July 22
15606I have to agree with JK.Take a look at the past Ashton was a take under.Now its james flannigan-July 22
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