Karelian Diamond Resources Share Discussion Threads

[wetdreamer] 25/2/2019 23:19

Whilst both KDR & CGNR hit record new lows. Both companies having little to no exploration budget. Have the board at anytime suggested cutting remuneration which is the debt burden both companies carry.

Not only do the board reward themselves for failure, the rewarding of their failure is the debt burden of the balance sheet. The board have cleverly bled us all dry. Using past Loans and remuneration owed to them in bucket shop placings to give the appearance that fresh cash has entered the company when in reality this is just not the case and is never made clear to shareholders at the time of placings.

Completely unacceptable performances, yet the board will carry on regardless!!! I find it bizzare CGNR can raise millions yet have only 1 new TR1.

I find it unacceptable Shareholders in KDR were told 2.5 years ago at the AGM that Lahtojoki would be fast tracked and as of today no further work has been done on the ground.

Riihivaara was likely to be diamondiferous many years ago yet the reality is a share price that has fallen from 60p to 3p since Riihivaara was discovered and the board still keep Shareholders dangling by not testing the near surface Kimberlite for diamonds.

The company had managed to hold on to the support of a few. They have gone very quiet 🤫

The company has ZERO diamond experts on its board
The company have ZERO men on the ground in Finland
The company are family related and friends
The huge remuneration has created the poor balance sheet
The company continue to reward themselves for failure

[kevjones2] 25/2/2019 22:52

I forgot to say thank you to those who private messaged me in support. I tried replying but deleted them in error. Apologies for that.

[wetdreamer] 22/2/2019 23:48

Bonny your last post!! Spot on!!! For once

[escapetohome] 22/2/2019 21:52

As per usual, jam tomorrow.

[rbonnier] 22/2/2019 17:10

Nothing will ever come out of Lathojoki as there us too much red tape and legislation that even if finally approved would take years even the bod have now stated its not worth while proceeding with until legislation is approved .Thats as good as saying weve found a chest with a billion quid in it thats nuclear bomb proof but we dont know and never will know the combination to open it ! Im very very sorry but everyone still invested here is about to be severley diluted again and will end up with nothing .

[steve hoop 1] 22/2/2019 15:44

Troubled Jones may or may not be correct.??
But he's war on genuine shareholders like myself is totally unfounded and can only expect the response he receives.
I have never instructed anyone to buy.
I have a personal investment plan
Nothing more!!
Perhaps he's not the sharpest tool in the shed.!!

[wetdreamer] 22/2/2019 15:17

Sorry Hoops but the board don’t have a plan!!! There is NO FORWARD PLANNING!! They just use us to line there pockets. Two new reservations, they have forget to RNS the other!!! Both the GTK have probably previously found garnets!! Dig a few holes for €2k pretend it’s their work and a new discovery and take €200k salary.

[johnnygrainger] 22/2/2019 14:56

Board have conned everyone even the hardcore followers now realise Kev Jones was 100% right.

[steve hoop 1] 22/2/2019 14:41

DB
I am very upset the way our company has
Brought shame on themselves via poor performance Sp.
One can only hope the end game will be worth the hassle and stress.
They clearly have a plan but not too everyone liking.
But I sincerely believe we have something rather good here in lahtojoki

Hoops

[duplicate book] 22/2/2019 14:19

Steve hoop 1.....couldn't agree with your sentiment more, I still hold all mine,at a significant loss! No, the Board haven't frog marched me down to my local Post Office, but I did invest into KDR after researching the 'prospects' of the Company, and based on the information provided by the Board. I have come to the conclusion that this is a very poor investment. Share consolidation aside, our Board have failed to deliver on any front and the share performance lies solely in their inability to provide any value to KDR whatsoever, in spite of numerous years of supposedly discovering this, that and the other! Something tangible should have happened by now, but we are in a far worse situation financially now, than at any other time. I just hope that they are able to raise funding in the near future, but on the back of some news that will get the share price moving in the right direction. A fundraising at this level would be disastrous to us shareholders with regards to dilution, no matter how rose tinted the spectacles are!

[wetdreamer] 22/2/2019 13:53

The board have conned you Hoops. I am so sorry that they have not proved the haters wrong and and rewarded your faith in them.

The truth is they have used you, lied to you, and taken from you. Even when they have known your circumstances. Using your investments to reward themselves for failure.

[rbonnier] 21/2/2019 22:24

If i had to guess i would say the departing holder is Richard Taylor who held 3.06% .Davy have 3.02% 1045000 shares Taylor holds 1054000 he got a good price .

[rbonnier] 21/2/2019 21:00

Its a market maker holding there may be an RNS in the next few days to advise that one of the notifiable holders is no longer holding over 3% .
Looks to me as if one of them has thrown in the towel.

[duplicate book] 21/2/2019 19:22

12. Additional informationxvi: J&E Davy is a market maker in this instrument.

[wetdreamer] 21/2/2019 19:18

Managers of lawfully managed investments, assets of a
collective undertaking and open-ended investment companies
Managers are only required to disclose holdings at 5% or above (as opposed to 3%) of the issuer’s total voting rights and capital in issue. They must also notify us if their holdings reach, exceed, or fall below 10%. When their holdings reach 10%, the exemption no longer applies. Disclosures are required for every 1% increase or decrease above this threshold.

[ladybird1] 21/2/2019 18:07

duplicatebook - suggest you look at Davy Ireland website - they are 'Wealth Managers', hence subject to conventional reporting rules.

[wetdreamer] 21/2/2019 17:08

Which posters have continually ramped that RTZ are involved