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Gold/Mining/Energy : Canadian Diamond Play Cafi -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (1355)9/19/2003 8:05:02 PM
From: Letmebe Frank  Read Replies (2) | Respond to of 16206
 
Red, others: Some random diamond thoughts:

Regarding the Kidme Property news today of DNN & SUF: biz.yahoo.com
Map of Kidme relative to Kennaday Lake is at this link:
diamondsnorthresources.com
Looks like some targets are about 10 - 15 km's away. Would that be close enough to allow a single processing plant for 2 economic sources?

Kidme may well be a company maker for DNN, and a great asset for SUF and Jennings.

You have to love the "new" Debeers effect on GEM. Where's the top for this one? Given the market cap, we may have many multiples left in this one. As a mine, what's a fair market cap - say half a bill? rdww may wish to comment.

Have a good weekend cybre pals. We should have a very interesting week with the Churchill results next week. Red, I hope you don't miss the SRM/SWY release!

LMBF

PS1 - Red, did I read somewhere that you are "heading out to drill 500 holes"? I'm just curious if you are looking for kimberlite, water, oil, what?

PS2 - The rain showers we had today, formerly known as Isabelle, were a non event in my view. We got a couple of inches at most, and no new trees fell in the forest behind me. I was hoping for something a bit more frightfull here in southern Ontario!