Karelian Diamond Resources Share Discussion Threads

[ladybird1] 23/1/2018 11:53

tomboyb You put my own thoughts precisely.

[tomboyb] 23/1/2018 11:03

I think the funding issue slowing the share price down -

I've acquired more stock although enough for now -

I'll wait if there is any news on funding but an attractive entry price considering a story developing -

[dave444] 23/1/2018 09:09

Essentially how to work out the price against pre conversion is to count how many 0.25p or 0.3p fit into the current share price most of the time it was 0.3p but at the end was 0.25p before conversion so at 0.25p it equates to 6.25p and at 0.3p it equates to 7.5p.
Currently sitting at close to the top of that range

[shambaby] 23/1/2018 08:54

98 Kim’s should be directly over the green diamond kimberlite.

[sirianbotham] 23/1/2018 08:52

Now there is more on this RNS than yesterday's 98 Kim's .... worth a look at the company presentation on the website to compare to RhiivWish I was in at this price Cash has to come from somewhere though

[dave444] 23/1/2018 08:19

It is all softening up for the fundraising!4 or 5p is my guess

[pre] 23/1/2018 08:05

well done to those of you who got in around 6.3p yesterday:-)

[duplicate book] 23/1/2018 07:55

Market cap down here is very low, and temmujin is right, should things work out according to plan, then from this price, KDR would indeed be a multi bagger! Let us not forget though, even at 25p, we would be just 1p pre consolidation! It's great news that they obviously feel that they are there or there abouts at the source of the green diamond. Now what then? I'm not a betting man, but if l was, l would bet that the next RNS would give us details of a fundraising, how much raised, at what price, and what it is going to be for. Won't necessarily be a bad thing, (look at CGNR), but l guess that depends on the price it is gotten away at! We shall see.

[goldeneye5] 23/1/2018 07:47

Obvious Rio Tinto picking up the costs too. Eventually the penny will drop as to the significance and extent of the RTZ involvement.

[tomboyb] 23/1/2018 07:46

I think at a market cap of around 1.6mill there could be considerable upside here -

If the source is found then who knows where it will go -

[temmujin] 23/1/2018 07:43

ha,ha..who didnt buy yesterday? shame you have missed out on a multi bagger..loserrrrrrrrrrrrrrrs!

[rbonnier] 23/1/2018 07:35

"Could have been taken directly above the source ".we could be very near to discovering the source of one of the world's rarest and valuable diamonds here .

[stevehoops] 23/1/2018 07:30

High Kimberlite Indicator Minerals (“KIMs”) Count Suggests Close Proximity to Diamond Source
Nature of Purple to Red Garnets Provides Additional Indicator of Proximity
Karelian Diamond Resources plc (“Karelian Diamonds”) (AIM: KDR), is pleased to announce that results from ODM Laboratory* on a series of till samples taken in order to trace the origin of the green diamond discovered by the Company in the Kuhmo region of Finland (as announced on 31 January 2017) suggest that the search is now coming into very close proximity to the source of the diamond.
All of the 17 till samples contained concentrations of KIMs. One sample, which was collected at a depth of 4.6 metres, showed such exceptionally high levels (98 KIMs) that it may have been taken close to or even above the kimberlite source of the diamond.
This sample comprised 38 purple to red peridotitic garnets (G9/10 Cr-pyrope), nine orange mantle garnets and 40 chromite grains in the 0.25 to 0.5 mm size range. The sample also contained six purple to red peridotitic garnets (G9/10 Cr-pyrope), one orange mantle garnet and four chromite grains in the 0.5 to 1.0 mm size range.
All six purple to red peridotitic garnets in the 0.5 to 1.0 mm size range and 15 from the 0.25 to 0.5 mm size range fractions had what are known as “partial alteration mantles”. The significance of these partial alteration mantles is that they are a further positive indication of proximity as such mantles are generally not preserved if the garnets have been transported any distance from the kimberlite source.
In the Kuhmo region of Finland, high numbers of KIMs, as seen in this sample, are normally only seen in close proximity or directly over a kimberlite source. This, together with the preserved partial alteration mantles on the garnets, strongly suggests that the sample was taken directly over, or in very close proximity to, the kimberlite body which could be the source of the green diamond.
This release has been approved by Kevin McNulty PGeo, who is a member of the Company's technical staff and holds a BSc/MSc in Geology and Remote Sensing, in accordance with the guidance note for Mining, Oil & Gas Companies issued by the London Stock Exchange in respect of AIM Companies, which outlines standards of disclosure for mineral projects.
*ODM Laboratory holds a Certificate of Authorization from the Association of Professional Geoscientists of Ontario and is used by diamond explorers in all parts of Canada and the world. During the Canadian diamond rush of the 1990s and early 2000s, ODM contributed to many kimberlite discoveries by processing and logging more than 50,000 samples.
Professor Richard Conroy, Chairman, Karelian Diamond Resources plc commented:
“I am delighted with these results which suggest that we may be very close to discovering the source of the green diamond.”

[glenkaz] 23/1/2018 07:07

Rns out 🤡✌A039;

[rbonnier] 22/1/2018 17:41

You only need to worry if you've sold or reduced your holding recently I have a feeling there is a lot of news to come over the next few weeks that is going to leave sellers wanting to jump out of a plane without a parachute !!..watch this space .

[ladybird1] 22/1/2018 17:31

Interesting to log into today's fun and frolics. Entirely concur the RNS scarcely one you'd think would stir the blood. You'd expect a funding announcement needed to stir things up - as with CGNR. Perhaps this unexciting bit of news a precursor of the placing?

[shambaby] 22/1/2018 17:17

The mining licence granted at Lahtojoki expires soon. KDR have drained the pit and now added this exploration licence extending the Lahtojoki claim area. The Environmental Impact Assessment would be the next step if this is a serious play

[sirianbotham] 22/1/2018 16:21

Which would be most welcome

[sirianbotham] 22/1/2018 16:20

Well there is nothing in this RNS specifically or wasn't known beforehand (apart from the approval by TUkes which has been a formality for KDR) so one can only assume there is something else looming.

[tomboyb] 22/1/2018 16:10

Zero stock at 6.75p -

opps up again -

[tomboyb] 22/1/2018 15:57

I agree -

25k max at 6.5p -

[sirianbotham] 22/1/2018 15:56

Absolutely just the news everyone was waiting to hear.... why will they pile in? Remind me?

[sirianbotham] 22/1/2018 15:51

I wouldn't worry just confirmation of the application for an exploration permit on the land adjacent to lahtojoki.Can't see why people are so excited by an exploration permit when a mining permit next door hardly moved the SP

[discusser] 22/1/2018 15:03

Where is all this happening? Has there been an RNS? My FT portfolio is showing nothing.