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.
Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (45426)6/27/2018 6:15:02 AM
From: Goose94Read Replies (1) | Respond to of 202423
 
Dunnedin Ventures (DVI-V) is ramping up the company's promotion while it drills kimberlite targets on its Kahuna project, northeast of Rankin Inlet. Mr. Taylor's latest salvo came via a 90-second "CEO Clip" produced by BTV-Business Television. Mr. Taylor spent nearly as many of those seconds promoting Mr. Fipke as he did touting Kahuna. Mr. Taylor says that for the balance of 2018 -- or more likely, the balance of the summer -- Dunnedin will be drilling kimberlite targets that have been "selected for us by our adviser, Dr. Fipke."

Mr. Taylor is referring to Mr. Fipke, who along with Dr. Stewart Blusson, discovered what became the Ekati diamond mine, north of Lac de Gras, in 1990. The two were widely regarded, especially by fawning reporters, as the fathers of the Canadian diamond industry. Indeed, in 1998 Okanagan University College, based in Mr. Fipke's home town of Kelowna, awarded him an honorary doctorate. (Mr. Fipke, a veteran geologist with an honours undergraduate degree from the University of British Columbia, is rather proud of his honorary honorific, and those who do business with him -- and especially those in his employ -- fawningly refer to him as Dr. Fipke in public, although some may still refer to him as "Stumpy" in private.)

Mr. Taylor gets a bit carried away with his fawning when he notes that Dunnedin has found some very high-quality commercial-sized diamonds on Kahuna, "really through working with our adviser and largest shareholder," Dr. Fipke. While Mr. Fipke has been called upon to do a lot of the work leading to Dunnedin's drill target selection, all the company's noteworthy diamonds have come from sampling the dikes discovered in the mid-2000s by Pamela Strand's now defunct Shear Minerals Ltd. In fact, the largest diamond recovered so far, a five-carat fragment of what was perhaps a 13-carat crystal, turned up a decade ago when Shear bulk sampled its Kahuna dike.

In any case, Mr. Taylor lauds Mr. Fipke's "exploration and ranking techniques" that he used a quarter of a century ago at Ekati as helping Dunnedin identify the many kimberlite targets on Kahuna that should be drilled. Mr. Taylor says the targets that piqued Mr. Fipke's interest "have the best possibility of having high-grade diamond occurrences." Perhaps: Shear found a few dozen big but nearly barren kimberlite pipes and some smaller but rich kimberlite dikes. What Dunnedin needs are some rich big pipes, and if Mr. Fipke's target selection techniques can deliver those, Mr. Taylor's lesser shareholders will be pleased.