SI
SI
discoversearch

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.
Gold/Mining/Energy : Canadian Diamond Play Cafi
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tahera who wrote (2585)3/7/2005 8:08:52 AM
From: james flannigan  Read Replies (1) of 16203
 
Taherha,Please take no offence on my opinion of TAH.I have not done much DD on TAH as you seem to have.But at this point TAH is a small mine that some day could become bigger as you point out.I tend to stay away from speculative plays when I figure I found a gem.I have studied many diamond mines around the world over the years as a way to educate my self.This helps me pick out the best situations from all on the list.As I can generate more Ideas than I have cash,I am limited to my choices to make large bets as I have with MPV.I have done lots of work on MPV and have owned the shares over a long time.Iam unhappy in the pace of Debeers slow development of KL.How ever that does not change the fact that the some $4 billion dollars are present and proven in the KL kimberlites.I feel with the forcast in the long term higher priced diamonds and super stones in KL,the deposit could be worth $7 or $8 billion at the opening of the mine in 2010.The cash flow using these numbers would equate to about C$ 3.00 EPS for MPV in 2010.I have looked at all diamond plays in Canada and have found only mild intrest, other than MPV. ACA I would think is on the verge of proving a mine.I hold no other share in diamond plays other than MPV.I will watch the situation in ACA and TAH . James
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News