Canadian Diamond Play Cafi Message Board

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Gold/Mining/Energy : Canadian Diamond Play Cafi

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To: Rocket Red who wrote (16034)	4/23/2020 12:49:54 PM
From: MadDogMike	Read Replies (1) of 16203

Diamond mining in NWT is coming to an end. Once Diavik closes and Ekati bumps along into high grading if possible while reclamation starts....then Gahcho Kue has to pay 100% to build the ice road ain't going to do any favours for MPVD. Kelvin/Faraday/Jay all have the wrong sized diamonds. Time for NWT to start dusting off some non-diamond projects that are economic...but nobody wants to capitalize them and figure out the capital portion. The demand food chain is severely restricted now. That won't be forever....but it may seem to be forever. Diamonds are forever, companies are not. EKIM

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