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Post by John Winston Lennon O'Boogie on Oct 1, 2014 6:07:03 GMT -5
How do you put a value on a stock that has Diamonds the sizes of Baseballs..? My guess is you have to proof that you have more then one Diamond to play Baseball in. I just love what Oldepro came up with.. After this Friday, we have one more week to see if this is part of the Field of dreams...
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Post by John Winston Lennon O'Boogie on Oct 1, 2014 6:25:42 GMT -5
www.kimreport.com/tag/candle-lake/Kimberlites and Diamonds of Western Canada Posted by David This year’s GeoCanada conference and related workshops saw some attention to diamonds and kimberlites. Specifically those located in the western Canadian sedimentary basin (WCSB), covering Alberta and Saskatchewan. The two main kimberlite clusters in this region are the well-known Fort a la Corne (FalC), and the lesser known Buffalo Head Hills (BHH) occurrences. The former cluster is in Saskatchewan and has been the focus of a major JV between Shore Gold (operator) and Newmont, the background of which was discussed in previous KIM Report posts. On the technical aspect of things, Shore Gold has done a lot of work in characterizing the complex structure of their two most economic kimberlite pipes: Orion South and Star (both are ~100 Ma). These pipes are composed of multiple units each formed during a separate volcanic eruption millions of years ago on the margins of an ancient shallow inland sea that covered most of what is today called the Great Plains. There are at least five main units: Pense, Viking, Early Joli Fou, Late Joli Fou, and Cantuar (see the 3D model of the Star kimberlite below: different colours represent different petrological units). These units each erupted at a different time over many thousand of years, and differ in petrology, diamond grade and diamond size distribution. To further complicate things, these eruptions occurred over a timespan during which the inland sea was alternately expanding and contracting. The effect of these sedimentary processes (e.g. erosion, transportation, deposition) on the erupted kimberlite material led to the concentration of diamonds in some rock units and the removal of diamonds from others. The other less-studied cluster is the ~65-85 Ma BHH in Alberta. Both barren and diamond-bearing pipes occur, also with variable geology and diamond grades as with the FalC pipes, although the extent of the complexity is unknown. The highest grade pulled from a BHH sample so far is close to 0.9 c/t (K252). Most of the pipes are a JV between Canterra Minerals Corporation (TSX.V-CTM; 28.5%, operator), Shore Gold (28.5%), and EnCana Corporation (43%). Shore Gold and Canterra each carry 50% of the operating costs. Canterra is the result of the business arrangement between Diamondex Resources Ltd. (TSX.V-DSP) and Triex Minerals Corporation (TSX.V-TKM) in 2009. Diamondex and Shore Gold bought their shares in a deal with Stornoway Diamond Corp. back in 2007. They later purchased another 12% from Burnstone Ventures Inc. (CNSX-BVE, formerly Pure Diamonds). A smaller subset of diamond-bearing pipes has been discovered by Grizzly Discoveries Inc. (TSX.V-GZD). These kimberlites: BE-02 and BE-03, are in the southeast region of the BHH cluster, previously thought to be barren. Grizzly also owns interest in a couple of much smaller diamond plays to the ENE in the Birch Mountains area of Alberta, as does Shear Minerals. A couple of other companies have diamond interests in the WCSB: Vaaldiam Mining Inc. (TSX-VAA – Candle Lake, Saskatchewan) and Forest Gate Energy (TSX.V-FGE, formerly Forest Gate Resources – Fort a la Corne, Saskatchewan). However, activity on these properties has been fairly light (see map image of kimberlites in the WCSB below). Both the BHH and FalC clusters were initially discovered by activities relating to energy exploration – petroleum and uranium, respectively. The BHH pipes were discovered by re-evaluating aeromagnetic survey maps that had classified the anomalies caused by the pipes to be well-heads for the oil fields that clutter the region. Some diamonds from these pipes have even been found to be coated with petroleum when recovered. The FalC cluster was found during aeromagnetic surveys. These pipes are located under 80-100 m of gravel, sand, and clay. Though in comparison to other diamond mining regions (e.g. the Northwest Territories or the Otish Mountains in Quebec) current grade numbers are rather low, diamond valuations that do exist (only from FalC at this point) are higher than average for Canadian kimberlites. Access to infrastructure is also better, particularly when compared to Arctic kimberlites. This bolsters the revenue $/t kimberlite coming from those pipes. The main hurdle with this is the geological complexity of the FalC (and to a lesser extent BHH). Overcoming this problem has taken Shore Gold and the previous owners of the FalC pipes the better part of 20 years to overcome with exhaustive drilling and geophysics. The amount of detail given in recent reports indicates that their geology and diamond characteristics are becoming less vague, at least for the Orion South and Star bodies. Now having more information where and how rich the higher-grade zones are at Orion and Star, have allowed Shore Gold (and Newmont) to almost finalize their mine plan. Mr. George Read, Shore Gold’s senior VP exploration and development, confidently expects a full net profit after all costs and taxes of ~$25/t (CAN) ore from the project as it stands. The 50+ other kimberlite pipes remaining at FalC, along with those at BHH represent possible future resources for Shore Gold and its partners beyond the two currently gearing up for production. On an ending note, Shore Gold reported re-valuation (April 2010) of the diamond parcels it had originally sent out and had valuated in March 2008. Price increases (in US$/c) since then are 10-20% higher for every parcel. What to keep in mind here is how the American dollar (what the revenues come in) fares against the Canadian dollar (what the costs come in). Over the past two years, the exchange rate has fluctuated from about $1 (US) buying $0.98 (CAN) to $1.30 (CAN). How much of that price increase is due to supply/demand and not currency adjustment is uncertain. Disclaimer: The author holds shares of SWY, SRM, and FGE. Relevant comments are welcome and encouraged. Spam comments will be not posted and deleted. This article is based on the opinions and experience of the author. Please conduct due diligence when investing. ©KIM Report 2010 www.kimreport.comEmail this • Subscribe to this feed • Add to del.icio.us • Digg This! • Share on Facebook • Discuss on Newsvine • Stumble It!
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Post by John Winston Lennon O'Boogie on Oct 1, 2014 6:34:28 GMT -5
mininghive.com/news/857/candle-lake-diamond-projectPerry Ksyniuk Twenty years of exploration and discovery in the largest kimberlite field in the world. President Professional Summary Diamond exploration specialist Base Location Canada Commodity Experience Coal (Coking), Copper, Diamonds, Gemstones, Gold, Niobium and Oil Skills Consulting, Due Diligence, Environmental, Exploration, Financial, Geology, Geophysics, Project, Research and Strategy Work Experience Adamas Minerals Corp. President / Geological Manager, 1998-2014 Acquired a major diamond deposit in central SK Canada Adamas Minerals Corporation President, 1997-2014 acquire major diamond mining assets Experience at: Candle lake diamond project Acquire asset Galacia Enterprise Investments President, 1984-2013 Experience at: Discovery of gold, REE, $65 million asset in Ammolite Gem Project Adamas Minerals Corp. President / Geologiv
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Post by John Winston Lennon O'Boogie on Oct 6, 2014 6:41:58 GMT -5
LANDA GLOBAL General MILESTONES and UPDATES
October 5, 2014 We have been advised that the global reset, currency revaluation, and the advent of the TRN (or USN) will occur very shortly, and within this month.
Discussions with senior bankers and Family have confirmed this several times over this last week, and the bankers were particularly informative as to the sheer size of this event. The TRN is already in all banks globally, and the issues revolving around the formal release of this gold backed currency have apparently all been resolved to satisfaction.
The official redemption period for the historic bonds is also anticipated to coincide with these events, and Landa has been in contact with the official redemption teams and groups sanctioned for this process, and has been asked to prepare for this time.
All Landa clients with bond submissions will be advised of this timing, and Landa will play a significant role in providing services for this process. The exact involvement and function of Landa will be revealed at the appropriate time, but at a minimum, we shall be providing interface and matching services for all clients to enable a correct and smooth process to the benefit of the client.
Further information will be provided as we receive it, and will be posted here.
Thank You LANDA GLOBAL
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Post by John Winston Lennon O'Boogie on Oct 9, 2014 6:03:11 GMT -5
1 More day...
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Post by vulcanized crawler on Oct 9, 2014 7:01:10 GMT -5
so is the check in the mail or do we have to wait till the hooker scandal in the white house is a mini series?
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Post by vulcanized crawler on Oct 10, 2014 6:11:33 GMT -5
urban located. ((((ALERT)))) The Oracle Kid Thursday, 10/09/14 08:38:01 PM Re: Vulcanized Crawler post# 343299 Post # of 343324 Urban is working part time at the Jack in the Box in Boulder City, Nevada. All part of the cover given to him by the DOJ. He gambles at the Hacienda www.haciendaonline.com/ and drives a little super-charged red Gremlin Unlce Melvin had in his barn. Across the highway from the Hacienda is a gold showing and down the hill is an old turquoise mine Urban is getting Emmerson to stake. Only a matter of time before some option agreements get signed and the next play starts!
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Post by John Winston Lennon O'Boogie on Oct 14, 2014 10:04:39 GMT -5
OKKKKKKKKKKKKKKKKKKKK Olde................. We will give you and the mpmo until the end of the week. Then we will, we will er, we will, let's see,,,,,,,,,,,, what was we going to do..? Well you know what we are going to do olde..? And believe me... We goinna do it.. I guess I told them..
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Post by John Winston Lennon O'Boogie on Oct 15, 2014 11:07:32 GMT -5
October 15, 2014 Funds releases for historic bond redemptions (not official) through the platforms are to begin today, as well as funds releases of program funds.
Project fundings are still scheduled to begin this month, and further information is forthcoming in this regard that will be posted here.
Thank You LANDA GLOBAL
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Post by johnlocke3 on Oct 15, 2014 13:30:48 GMT -5
I am in from the beginning and i will WIN John in TN
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Post by John Winston Lennon O'Boogie on Oct 20, 2014 9:46:29 GMT -5
The IBM'S Hammer is slow coming down.. When is when...?
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Post by axis on Oct 20, 2014 10:57:06 GMT -5
The IBM'S Hammer is slow coming down.. When is when...? "The Hammer" Let the killer go, don't let your mother know, Don't go out tonight, don't even try to fight, 'Cos I can see, I've got the thing you need, And I'm here to stay, it's gonna be that way, Don't try to run, don't try to scream, Believe me, The Hammer's gonna smash your dream I'm in your life, just might be in your wife, Could be behind your back, I might be on your track, And it might be true, I might be onto you, I'll scare you half to death, I'll take away your breath, Don't try to see, don't try to hide, Believe me, The Hammer's gonna make you die There ain't no way, you'll see another day, I'm shooting out your lights, bring you eternal night, And your eternal tricks, begin to make me sick, The only thing I know, is that you've gotta go, Don't try to hide, don't look around, Believe me, The Hammer's gonna bring you down, Believe me, The Hammer's coming down!
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Post by John Winston Lennon O'Boogie on Oct 20, 2014 11:05:36 GMT -5
Joan was quizzical, studied pataphysical Science in the home Late nights all alone with her test tube Oh, oh oh oh
Maxwell Edison, majoring in medicine Calls her on the phone "Can I take you out to the pictures Joan?" But as she's getting ready to go A knock comes on the door
Bang! Bang! Maxwell's silver hammer Came down upon her head Clang! Clang! Maxwell's silver hammer Made sure that she was dead
Back in school again Maxwell plays the fool again Teacher gets annoyed Wishing to avoid an unpleasant scene
She tells Max to stay when the class has gone away So he waits behind Writing fifty times, "I must not be so†But when she turns her back on the boy He creeps up from behind
Bang! Bang! Maxwell's silver hammer Came down upon her head Bang! Bang! Maxwell's silver hammer Made sure that she was dead
P.C. Thirty One said, "We caught a dirty one" Maxwell stands alone Painting testimonial pictures Oh, oh oh oh
Rose and Valerie screaming from the gallery Say he must go free The judge does not agree, and he tells them so But as the words are leaving his lips A noise comes from behind
Bang! Bang! Maxwell's silver hammer Came down upon his head Clang! Clang! Maxwell's silver hammer Made sure that he was dead
Silver hammer man!
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Post by John Winston Lennon O'Boogie on Oct 24, 2014 7:59:25 GMT -5
Diamonds & Specialty Minerals Summary for Oct. 16, 2014
2014-10-16 19:13 ET - Market Summary
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers. Here is a sample of this item: by Will Purcell
The diamond and specialty minerals stocks box score for Thursday was a positive 58-52-155, a rarity since early September. The TSX Venture Exchange reclaimed 13 points to 791 while diamond prices were flat. Rodney Irwin's Stans Energy Inc. (HRE) gained one-half cent to 16.5 cents on 130,000 shares. Mr. Irwin has persuaded a Canadian court to grant an injunction preventing the Kyrgyzstani government from selling 47 million shares of Centerra Gold Inc. (CG: $5.94). The move is Mr. Irwin's latest attempt to enforce a $118-million award granted Stans as compensation for the Kyrgyzstani bureaucrats making it impossible for the company to advance its Kutessay II rare earth play.
Ken MacNeill and George Read's Saskatchewan diamond promotion,Shore Gold Inc. (SGF), lost one cent to 19.5 cents on 203,000 shares. Shore's stock, which has traded at an average of 27 cents this year, could be headed for another bout of tax-loss selling later this fall unless the company shows progress on financing and construction of its $2-billion Star-Orion South mine in central Saskatchewan. The company thinks rapidly rising diamond prices will make its mammoth project attractive to investors. Unfortunately, polished prices are off about 5 per cent since summer, as jewellery manufacturers and traders struggle with an illiquid capital market nearly as bad as in the late 2000s. Rough prices are off as well: De Beers wrapped up its October sight recently with average prices that were between 2 per cent and 4 per cent lower. As well, the total value, $460-million (U.S.) was less than previous sights. The remainder is available to Stockwatch subscribers. Click the yellow link above for a free trial subscription. © 2014 Canjex Publishing Ltd. All rights reserved.
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Post by John Winston Lennon O'Boogie on Nov 1, 2014 9:51:59 GMT -5
I still check this every day.. Now is a good time to move it up.. I got a feeling, a feeling deep inside oh yea..
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