Karelian Diamond Resources Share Discussion Threads

[goldeneye5] 18/10/2017 13:54

I believe KDR offloaded Lentira, a while ago.

[pugugly] 18/10/2017 13:48

Finland and diamonds has been bad news for potential investors - Remember
"23 October 2001

European Diamonds PLC

Zone of kimberlitic material discovered in Finland

Potential source of prospective indicator minerals for diamonds

European Diamonds PLC is pleased to announce that it has discovered a
structural zone containing kimberlite-type material at its Lentiira property
in central Finland."

Came to nothing -- !!

[shambaby] 18/10/2017 13:25

I bet you order half a larger with a lemonade top

[thecynical1] 18/10/2017 13:09

Remarkable.......

[shambaby] 18/10/2017 10:56

Little top up I think

[rbonnier] 18/10/2017 10:35

Show yourself seller I'm waiting to buy .

[cornishtrader1000] 18/10/2017 10:24

Whilst not share price enhancing news, always good to get an official update on progress.

[shambaby] 18/10/2017 10:15

AGM will be exciting. I guess confidentiality agreement holding up Riihivaara updates

[goldeneye5] 18/10/2017 10:09

I know they were within 200m the source a while ago, so I imagine they have a good idea now

[goldeneye5] 18/10/2017 09:56

Current work looks urgent. Wonder who is doing the work now, given lots going on in tandem?

[shambaby] 18/10/2017 08:57

Karelian Diamond Resources, the diamond exploration company focused in Finland, announced an updated work programme for the Kuhmo region of Finland. This is the area where a diamond was discovered by Karelian (as announced on 31 January 2016). An extensive work programme is currently underway to locate the kimberlite body from which the diamond originated. The work programme entails till sampling, ground geophysics and analysis of airborne geophysics as well as scanning electron microscopy (SEM) on samples showing high indicator counts. Work to date has considerably narrowed the search area for the source of the diamond. These results suggest that the sample is within a couple hundred meters of the kimberlite source. The anomaly has been closed off 500m in an up-ice direction.

Our View: We are encouraged with the new work programme designed to identify the source of the diamond discovered earlier this year. The recent identification of G9 and G10 garnets within till samples suggests that the kimberlite source could be nearby given that these indicator minerals are associated with diamondiferous kimberlites. The presence of indicator minerals combined with the discovery of a diamond within till sample adds to the prospectivity of the Kuhmo region. We look forward to further updates as Karelian continues to search for a kimberlite source in the region. In the meantime, we maintain a Speculative Buy on the stock.

[shambaby] 18/10/2017 08:51

Welcome back George :-)

[george0802] 18/10/2017 08:45

The difference between today's RNS and inconsequential earlier ones is that we now have a specific objective with intent and a certain amount of urgency. I think that in the diamond - rich Karelian Craton it is more likely that we will find the source of our diamond find and unearth more diamonds in the process. When we do, Rio and possibly Alrosa will turn up with their picks and shovels offering to dig up the rich pickings. I just hope we do not hand it to one of them on a plate!

[dave444] 18/10/2017 08:10

Tampers were telling us secret deal already done - now oh it's near!!!!!

[shambaby] 18/10/2017 08:01

Location, Infrastructure, first European, coloured Diamonds 💎

[goldeneye5] 18/10/2017 07:58

And for RTZ......location, location, location!

[shambaby] 18/10/2017 07:56

Wouldn't call this non news DP, drilling season now upon us. Clear game plan. This kimberlite is clearly close and we know it's diamond rich. Coloured diamonds fetch such a huge premium.

[rbonnier] 18/10/2017 07:56

If we wake up one morning to the rns they have found the source of the world's rarest diamonds there will be a lot of people here who won't be laughing anymore and that's a fact .However until that happens it's the same old stuff the seller will appear this am with the usual 500k lines this morning and before we know it the bid will be 0.35 on an rns day !

[shambaby] 18/10/2017 07:52

Another one dropped on his head

[duplicate book] 18/10/2017 07:52

Probably not, and probably not at CGNR either. He just likes to provide contrarian views in a rather cynical fashion to wind up the resident Bulls it seems to me. Don't think this news will light the blue touch paper somehow! Trouble now is, that with every news release that is deemed to be 'non news', and not the BIG news that some are expecting and hoping for, there will be more frustration, more impatience, and probably more selling! See how today goes.

[goldeneye5] 18/10/2017 07:49

I think the location of the work is a very big deal. How long before RTZ deal is triggered now?

[thecynical1] 18/10/2017 07:46

Invested...... That is a laugh...... Incorrect word.......

[shambaby] 18/10/2017 07:40

Are you invested here Cynical ??