Karelian Diamond Resources Share Discussion Threads

[rbonnier] 14/5/2020 10:06

Looks like the Deputy Sheriff may be proved right again .It could be all over by the summer I see the RTZ agreement is still going to expire in 6 weeks if that just drifts by with no extension it might suggest we could be done for and all hope is lost.

[hooops] 14/5/2020 10:00

I think you missed my point Ladybird.;_)
Is Mr BirdS non executive director appointment.!!?
1 Brought in to replace Grimmer?
2 OR sent by a much larger Organisation???

[ladybird1] 14/5/2020 09:46

You miss my point, Hoops. Bird, I'm sure, believes there is an arguable chance of success and has put in a bet on the horse. Actually, an each way bet, his stake up front and then, if the horse does perform, the price will shoot and he gets in at 10p for a substantial further payout. If it doesn't, he writes off his punt and moves on. Those of us not selling are taking a similar view, I guess.

The 12 month reservations rather underline the point. If they strike lucky this summer, great. If not, I guess that will be it for KDR.

We await developments - but clearly, from the RNS, nothing new to say at present.

[hooops] 14/5/2020 08:30

LADYBIRD have you researched Howard Birds past?
Don't think you have !!!;-)

[ladybird1] 14/5/2020 07:36

Surely the simple point is that until they actually find something this will go nowhere. IF they do strike lucky then WHAM!!! But until then it's a simple long odds punt with a bit of spare cash - the bet placed after a few jars, likely to be regretted with the following morning's bad head..

[hooops] 14/5/2020 06:15

vampirekitten
Posts: 5
Price: 3.15
No Opinion
RE: Latest Company’s Tweet
Today 01:17
The Article says it's a Red Flag and SELL.IMO Run for the hills as fast as you can and save yourselves! ??

BONNIE FFS GROW A PAIR !!!


HOWARD BIRD !!!!!!

[rbonnier] 13/5/2020 22:19

RBonnier here. My Dreaded Skeletons of Death are about to join forces with the Cybermen in search of these illusive pink diamonds. After the cybermen were double crossed again last year and lost all their cash the Cyber Leader has a dastardly plan to get control of KDR .Apparently a cyber mat could do a better job than CON Roy !

At the close sell 50K at 2.806P Buy 50K at 3.386P so premiums to buy and haircuts to sell. I will send round the skulls of doom to kick their asses first thing in the morning!!

[rbonnier] 12/5/2020 10:20

😲 someone had to take 3.4 when the bid was 3.7P .mms dont want your shares they were pumped and are now being dumped trouble is the mms are on to them as quick as lightning.

[dave4545] 12/5/2020 09:24

152,826 pays 4.25p mm delay it one hour

Sells for 3.75p mm's print it straight away

every trick in the book

[rbonnier] 12/5/2020 09:18

Just the usual spiel could be this could be that just show me the diamonds preferably the pink ones that they are trying to imply they have found and didn't even think worthy of an rns .Wonder why !! This is going no where only back to 2.5P with a load of new mugs on board caught on the spike 😳

[hooops] 12/5/2020 09:13

FULL OF IT!!!

[tomboyb] 12/5/2020 09:09

Bonnier -

I can't recall how many years you have been on the KDR boards -

Were you not supposed to the full monty running down Trafalgar Square? -

Can't remember which share it was - (possibly NSB retail systems)

[littlepuppi7] 12/5/2020 08:53

Time to move to JKX. Not ridden the oil price rally at all yet, Unlike here, no debt, p2 reserves over 100m and 10,000 boepd production. Probably the biggest bargain out there at 30m mkt cap..15m USD in the bank at last count and NO DEBT. Not many shares avaliable at the current low price so should move pretty swiftly... Also hold a 10% stake in UNB, Ukraines biggest O+G producer probably worth 30m plus....

[dave4545] 12/5/2020 08:47

Very profitable....for a mm

Charging premiums for days and now ripping off sellers big style

[hooops] 12/5/2020 08:27

SORRY yes province mentioned T W I C E!!;]
No skeletons required !!

[witchywoo] 12/5/2020 08:20

contain yourself ;)

[tomboyb] 12/5/2020 08:20

premiums being paid this morning -

[hooops] 12/5/2020 07:50

province.!!!!!!!
Massive news and well written

KDR RNS

[hooops] 12/5/2020 07:46

Karelian Diamond Resources plc

("Karelian Diamonds" or "the Company")

12 May 2020

THREE DIAMOND EXPLORATION RESERVATIONS GRANTED

IN LAHTOJOKI AND KUHMO

* Potential for further discoveries around Lahtojoki diamond deposit

* Reservations cover twenty regional Kimberlitic Indicator Anomalies in Kuhmo
Area

* Kuhmo target area could be part of emerging Kimberlite province

Introduction

Karelian Diamond Resources plc ("Karelian Diamonds") (AIM: KDR), is pleased to
report that TUKES (The Finnish Mining Authority) has granted the Company three
strategic diamond exploration Reservations. One of these diamond exploration
Reservations (KDR-R1) is situated around the Company's approximately two
hectare in size Lahtojoki kimberlite pipe diamond deposit which is within the
Kaavi kimberlite field. The other two diamond Reservations (KDR-R2 and KDR-R3)
are in the Kuhmo kimberlite field target area around the Company's Riihivaara
kimberlite discovery and the Company's anomaly 5 target, where the Company
discovered a green diamond in till.

All the Reservations are in the Karelian Craton in Finland where the Company is
actively working on the discovery and development of economic diamond deposits.

Following a review of airborne geophysics and past exploration data the Board
decided to apply for these new diamond exploration Reservations. These
Reservations secure the adjacent ground to already held and known kimberlite
bodies, which is important as Kimberlites tend to occur in clusters, and in
both areas there are indications for the potential of new kimberlite
discoveries.

The Company is also today providing an update on the impact of the COVID-19
outbreak on its activities.

The Lahtojoki KDR-R1 Reservation, Kaavi Area

The Lahtojoki KDR-R1 Reservation of 26.47km² has been granted by TUKES for a
period of one year. This Reservation secures for the Company the potential for
further discoveries in the immediate area.

This Reservation surrounds the Lahtojoki diamond deposit over which the Company
holds a mining concession and where it is moving towards the potential
development of a diamond mine.

The Reservation also surrounds the Diamond Exploration Permit over Lahtojoki
South. In the Lahtojoki South Exploration Permit kimberlite boulders from an
unknown kimberlite have been discovered (as previously announced by the Company
on 12th January 2017).

The Reservation KDR-R1 area also has a number of high interest geophysical and
kimberlite indicator mineral anomalies that have been identified by the Company
and which the Board believe could add additional diamondiferous resource
potential to the Lahtojoki diamond deposit (as previously announced by the
Company on 19th September 2016).

The Kuhmo Area KDR-R2 and KDR-R3 Reservations

The Kuhmo KDR-R2 Reservation of 1,476.95km² and KDR-R3 Reservation of
1,453.24km² have been granted by TUKES for a period of two years, respectively.

These Reservations secure ground around a series of twenty regional kimberlite
indicator anomalies that have been identified by the Company.

The Board believe that the series of kimberlites in the Kuhmo area could be
part of a new emerging kimberlite province in this area. These include the
Riihivaara kimberlite discovered by the Company and the largest (6.9 Hectare)
diamondiferous kimberlite in Finland, the Seitaperä kimberlite pipe held by the
Company, as well as a series of significant regional kimberlitic indicator
mineral anomalies defined by the Company.

In the twenty regional anomalies in the KDR-R2 and KDR-R3 Reservation areas
there are significant numbers of kimberlitic indicator minerals identified that
include four G10 garnets, twenty three G9 garnets, as well as well as one
hundred and thirty seven chromites of which twenty nine plot in the diamond
inclusion field. These garnets and other minerals such as certain chromites
are used to locate kimberlites and are referred to as kimberlitic indicator
minerals. Some of these garnets, the G10's and certain G9's, are created under
similar conditions to diamonds within the ultramafic mantle rocks underlying
the crust and are therefore used as predictors of the presence of diamonds as
well as chromites that plot in the diamond inclusion field.

COVID-19 update

Since the outbreak of the COVID-19 pandemic, the Company has taken necessary
measures in accordance with government guidelines to protect the health, safety
and wellbeing of its employees, contractors and partners in both Finland and
Ireland. COVID-19 is presently restricting field and laboratory work in Finland
given the restrictions on operations and movement. Other work related to the
Company's exploration and development programme such as that described in
today's announcement is, however, ongoing.

Professor Richard Conroy, Chairman, Karelian Diamond Resources plc commented:

"The granting of these Reservations by TUKES is a key step forward for Karelian
Diamonds and we consider this to be extremely important in regard to our future
development of the Lahtojoki diamond deposit where any additional resources
identified could dramatically change the magnitude of the project, and also the
advancement of our exploration programme in the Company's Kuhmo target area in
what appears to be a new emerging kimberlite province."

Further Information:

[hooops] 12/5/2020 05:56

HAS anyone researched Howard Birds past??

I strongly suggest you do!!

Who also popped up on CGNR team last week ??