Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: WillP who wrote (432)	12/22/2002 4:52:21 PM
From: teevee	Read Replies (2) of 16206

The central and south Slave diamond districts are getting fairly mature. Since WSP was bought by DeBeers, I have avoided the junior diamond explorers until now. Being early days in the Coronation district (north slave?), I have gone long on SWV - all the buys at $.12 back in early to mid October were mine:-). There is nothing wrong with the DSP "peregrine" land up there, but DSP has been much more expensive that some of the other juniors so I got exposure here through NEM. I expect many more diamondiferous kimberlites will be found in the Coronation district in 2003. Regarding other areas, the recent news by NEM and SRM on their Churchill diamond project is noteworthy. I am left with the impression that a new kimberlite pipe field in Canada will emerge here so I will be following this play with interest. Given the previously reported kimberlite float and "good" chemistry turning up at such an early stage of exploration, this area may also generate some excitement in 2003, in addition to the Coronation Gulf area. cheers, teevee

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