Karelian Diamond Resources Share Discussion Threads

[keysersosse] 23/1/2018 21:47

GE....without sounding pious nor pedantic, could I please ask where you got the info from relating to the Lahtojoki claim of 2001 ?

The reason I ask is due to the fact that KDR only came into existence on May 26th 2004, when they changed their name from Nordic Diamonds.

Not doubting you, just merely asking the question......

[sirianbotham] 23/1/2018 21:01

Good news comes in threes so prepare for another rns tomorrow........

[goldeneye5] 23/1/2018 20:18

Concession code: 7363/1Concession name: Lahtojoki Company: Karelian Diamond Resources Arrival date: 5.12.2001Registration date: 28.1.2002Expiration date: 23.12.2010Commodity: DiamondsSo KDR are not new to Lahtojoki, and neither is Mr Brennan. They obviously had their eyes on it for a while.

[useless23] 23/1/2018 17:47

This time next year rodders

[useless23] 23/1/2018 17:47

Have they found any diamonds yet?

[shambaby] 23/1/2018 16:24

I can’t belive knowing how fastidious the Professor is that this EIA and April deadline is not already secured. Even if it’s an extension to the current time line.

[goldeneye5] 23/1/2018 16:19

sorry too not to

[goldeneye5] 23/1/2018 16:18

Totally agree DB. They don't appear to be in any great hurry to give shareholders their day in the sun. One has to start to wonder if the low share price is actually what they want whilst there is still convertible loan and maybe more shares will be taken as payment. RTZ deal needed now as to many plates spinning in my view!

[duplicate book] 23/1/2018 15:47

If there is more going on than we realise, then the Company could do with bringing us, and the Market, up to speed to exactly what that is, then maybe we wouldn't be at such a depressed share price!

[goldeneye5] 23/1/2018 15:32

Let's not forget Michael Brennan was involved with Lahtojoki, then he was brought into CGNR as a smokescreen, when it was really to work with KDR. Think good chance he might have known what was in the adjacent ground but wasn't able to follow up.Looks like kdr played a a very long game with Lahtojoki. Didn't KDR have a license at Lahtojoki many years ago, before KDR acquired it. In my view there is way more going on in Finland than most realize.

[stevehoops] 23/1/2018 14:57

Must be why Mr Grimmer has been appointed .
I am not here to search for kimberlite and I quote .
As soon as I heard KDR had got hold of lahtojoki I had to come back.

[shambaby] 23/1/2018 14:27

Well the main pit is drained and 29 hectares secured. Is everything not in place ???? As LB says soon find out.

[ladybird1] 23/1/2018 14:13

Look on the bright side, Shambaby. It means we'll know yea or nay quite soon. Putting out of misery, as they say....

[shambaby] 23/1/2018 13:39

The purchase price is €150,000, comprising an initial purchase price of €50,000 plus a further €100,000 after twenty four (24) months unless Karelian decides not to develop the project. A royalty to AGM of 1% is payable either in diamonds or cash on diamond production up to 2.5 million carats and 2% payable on diamond production above 2.5 million carats.

April we lose Lahtojoki no EIA in place and there’s the matter of £100k to pay

[shambaby] 23/1/2018 13:35

With all respect we need an EIA for Lahtojoki ASAP and £100k royalty. Are you aware of the time restraints in the licence?

[drrichard] 23/1/2018 13:30

Indeed, shambaby, but with a giant like RTZ in play then with decent grades, let alone green diamonds, they will carry the mining costs and any contribution from shareholders will be gladly offered if the results are what we hope.

[shambaby] 23/1/2018 13:24

A clear plan of action would be a start

[drrichard] 23/1/2018 13:20

All this talk re placing and what do you get, a drop/sell off. Careful what you wish for guys.

[shambaby] 23/1/2018 13:16

Was always a P & D new faces told us that. Sadly for them they will have broke even if lucky with the spread.

It Does not matter how many people understand what is possibly below ground as the share price is valued on the fact the licences will expire before a drill ever hits the ground as KDR are skint !!!! Blatant disregard for shareholders common sense !!!!!

Unless RTZ are on board or large enough finance in place then it’s R & R

[ladybird1] 23/1/2018 13:01

The mood has reverted on the board, very quickly it seems as the hoped for rally fizzled quickly. A bit disappointed myself - thought we were seeing a CGNR type revival Still, nothing fundamental changed, quick profits taken & back to where we were - awaiting funding news. Can't blame the traders - well done them.

[shambaby] 23/1/2018 12:52

A small fundraising is of zero use now. With the current plays drills, EIA etc to be paid. We need millions and carrying on with new exploration licenses as if there’s a magic money tree.

[diamond hunter] 23/1/2018 12:52

Ramping over for another season.
Just the hardcore remain.

[escapetohome] 23/1/2018 12:17

Oh dear! Not so clever!