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All trades off book this company would be better off delisting for a couple of years to protect shareholder value and resist when they've actually got something of material interest to say even if it's they've got their buckets and spades out and found a few blue diamonds would be better than this atrocious never ending saga.
The biggest buy in ages and cheaper then the two buys before
Only Kdr !!
The semantic dispute about what to call diamonds seems to be nearing its end. The industry is hoping a solution has been found, after the French governmentâs recent ruling on the matter. In France at least, the terms âlaboratory diamondâ and âcultivated diamondâ (diamant de culture) are no longer acceptable, and the only designation that the industry will be able to use for a man-made/lab-grown diamond will be âsyntheticâ diamond
Karelian Diamond Resources plc (AIM: KDR) is pleased to announce that the Company has been informed by the National Land Survey of Finland that there were no appeals against the grant of rights of way for the Lahtojoki diamond deposit and the adjacent exploration acreage, and as such the grant has now gained legal force
oh and we don't have right of way or access anymore to the road that leads to lahtojoki it expired over a month ago
wrong again bonnie half **** research as per normal
đ¤Śââď¸
the land survey of finland has recently granted the company rights of way for the lahtojoki diamond deposit and adjacent exploration area (announced 17 august 2020).
Meanwhile we don't even have a legal permit expected at the end of the year according to CON roy end of which year did he mean 3023 ?
Oh and we don't have right of way or access anymore to the road that leads to Lahtojoki it expired over a month ago .There might aswell be billions of pounds worth of pink green blue diamonds up there but KDR won't be mining them won't even be able to get a rusty old tractor up there!!
Evidence of pervasive plastic deformation Hmmmm
Extreme hardness is one of the most well-known physical properties of diamond. It is difficult to imagine this same material bending or squishing like putty, but many natural diamonds have evidence of plastic deformation (figure 1). This process is even responsible for creating the value behind the most expensive diamonds sold at auction to date, by both per-carat price and total price. Specifically, the 11.15 ct Williamson Pink Star that sold for $57.7 million and the 59.6 ct Pink Star that sold for $71.2 million owe their Fancy Vivid pink colors to plastic deformation.
Plastic deformation does not always lead to pink color,
Samples were selected from four kimberlites: the 2-ha Lahtojoki (Pipe no. 7 with 26 cpht of +0.8 mm diamonds), the 2-ha Kylmälahti (no. 17, marginally diamondiferous), the 700Ă30 m Kärenpää (no. 5, diamond grade unknown) and the 300Ă50 m Niilonsuo (no. 2, microdiamond-rich). Xenocryst grains (0.25â2.0 mm) were liberated by lightly crushing the kimberlite materialâexcept for the hard magmatic Niilonsuo kimberlite which was fragmented electrodynamically at Forschungszentrum Karlsruheâfollowed by
Prof mentioned mistakes were made from previous studies and testing techniques ?
Suggested that the last owners could well have buried
The real valuable ground in Lahtojoki from the spoils of draining the lake
And even the spoils itself were containing diamonds
Local people were collecting small diamonds for jewellery from there?
Technically things have changed and modern techniques could unlock the key to Lahtojoki
Imagine recovery of fancy gemsâŚ
Diamond prices may well have slipped back but fancy diamonds are still being outstripped by demand and every auction is over subscribed âŚ.
diamondiferous group a eclogites constitute a minor portion of the mantle-derived xenoliths in the eastern finland kimberlites. they have been derived from the depth interval 150â230 km where they are inferred to occur as thin layers or small pods within co****-grained garnet peridotites. the chemical and isotopic composition of minerals suggest that they represent (proterozoic?) mantle-derived melts or cumulates rather than subducted oceanic lithosphere. during magma ascent and emplacement of the kimberlites, the eclogite xenoliths were mechanically and chemically rounded judging from the types of surface markings. in addition, those octahedral crystal faces of diamonds that were partially exposed from the rounded eclogite xenolith became covered by trigons and overlain by microlamination due to their reaction with the kimberlite magma. the diamonds bear evidence of pervasive plastic deformation which is not, however, evident in the eclogite host. this suggests that annealing at ambient lithospheric temperatures has effectively recrystallised the silicates while the diamond has retained its lattice imperfections and thus still has the potential to yield information about ancient mantle deformation. one of our samples is estimated to contain approximately 90,000 ct/ton diamond implying that some diamonds occur within very high-grade pods or thin seams in the lithospheric mantle. to our knowledge, this is one of the most diamondiferous samples described.
Was the boulder of 90000 cpt =1% diamond from pipe 7 located??
Not the south side as first thought??
European Diamond. Aka Roy Spencer recorded pinks blues and yellow??
permit legal status soon for KDR âŚ
Some bimineralic eclogitic mantle xenoliths have been recovered from Pipe no. 7 (Lahtojoki) in the Eastern Finland Kimberlite Province. They occur in subordinate amounts relative to garnet and garnetâspinel peridotite xenoliths, making up no more than approximately 1% of the mantle-derived xenolith suite. The petrology of the peridotite xenoliths has earlier been extensively described elsewhere Peltonen et al., 1999, Peltonen, 1999, Woodland and Peltonen, 1999, Kukkonen and Peltonen, 1999. Although small in number, these eclogitic xenoliths are of special interest because they can be highly diamondiferous and yield information on the mode of occurrence and formation of diamond in the mantle.
Eclogitic mantle xenoliths occur in most kimberlite provinces worldwide and various origins have been postulated for them. Two contrasting petrogeneses are in favour: either mantle eclogites represent (1) high-pressure magmatic cumulates which occur as magma chambers or dykes within the upper mantle (e.g. O'Hara and Yoder, 1967, Smyth et al., 1989) or (2) recycled and metamorphosed Archaean oceanic crust Helmstaedt and Doig, 1975, Jacob et al., 1994, Barth et al., 2001. Both types may occur in the same kimberlite (e.g. Taylor and Neal, 1989) and it seems evident that mantle eclogites may have multiple origins. Their petrology and origin being properly characterised, eclogite xenoliths may thus provide valuable information about asthenosphereâlithosphere interaction and Archaean or Proterozoic tectonics.
In this contribution, we describe in detail two diamondiferous eclogite xenoliths, L-80 and L-78, with special emphasis on the surface textures and morphology of the diamonds. These xenoliths were found by the first author from non-processed bulk mine samples following the test scale mining of Pipe no. 7. In addition, two small eclogite xenoliths (diameters âź10 mm) were recovered from the crushed bulk kimberlite sample. These small samples, E1 and E2, do not contain visible diamonds but their mineral compositions are provided below for comparison. The origin of the studied samples is tentatively discussed in terms of mineral compositions, but the proper characterisation of their origins would require comprehensive isotopic analyses of oxygen in silicate minerals and carbon and nitrogen in diamonds.
Yes whatever they learned from Northern Ireland has informed them in their decision to lock down Jappila 1 ground in Finland. Must have been similar results to Northern Ireland but only now realising what they had before. We probably wont hear anything more on Jappila until appeal period ends. Hopefully the company dont hide it like Liperi and Salla.
Another copper asset in Finland now ?
Revisit Kev said at AGM
Very clever building two prong minerals ?
Timberrrrrrr !
Good to see Jappila 1 decision today âŚ.. Appel period ends 11 March 2024. Will be interesting to see what they have thereâŚ.. must be significant
Morons Tweeting about the price of copper going up again so what KDR arnt going to benefit from any rise in the price of the metal or diamonds for that matter .
Looks like itâs already started
https://rapaport.com/news/strong-demand-sends-ekati-rough-sales-surging/
Interesting article soda
With many. Companies like North Arrow putting their diamond projects on care and repair would. Agree
But Lahtojoki a small project in comparison holds extremely fancy gems , pink and blue and Rio fancy markers needs stock ? Now and the market already there demand outweighs supply
Kuhmo. When ! Confirmed and a deal concluded will take several years to become a mine
Environment l, mining. Permission???
Then we have another ace card copper?
As frustrating as this family run company appears, am still convinced we have experienced geological evidence we are on the money.
When will that happen .???
Who knows but we canât be far away and permit looming and thatâs holding us up I think???
When you read articles like the one below, it makes you think now maybe isn't the best time to make a major diamond find and to sell it. Perhaps it would be better to hold shares for the foreseeable and maybe in a few years get top dollar? I appreciate a lot of you have held shares for a lot of years so that might not be very appealing. Paul Zimnisky, who is quoted in the article, is a respected diamond expert I believe.
https://markets.businessinsider.com/news/commodities/diamond-prices-engagement-ring-carat-value-outlook-recession-mining-supply-2024-1
You make a very good point Tick-tock
The only thing I hold onto here is that surely the Prof will want to be around to see a deal happen.
Board won't lift a finger not now not never it keeps them in the lifestyle they've become accustomed to .The only ones that will lose everything eventually here are the shareholders as nothing material will ever happen that I'm 99% certain .I should sell and be done with it but it's like the lottery you know your numbers will never come up but you still do it just in case .So I will lose everything I've invested here unless this 14 million to 1 shot actually does something but you've probably got more chance of winning the lottery !
When you read that article, you realise that everything is topsy-turvy at KDR.
Why ?There are a number of reasons:
1. Family Run
2. Directors have large shareholdings and have over the years created a situation were they are well insulated in their positions. A low share price has helped them gain higher number of shares, thus eliminating the urgency for them to increase the share price.
3. High percentage of shares are in sticky hands and owned by directors and family.
4. Conroy Golds investment in KDR was a higher percentage the lower the share price was. (the hilarious...I asked myself if I was interested ...common directors scenario, still makes me laugh)
5. Nothing to see here!!!...low share price/market cap....nobody is looking.....tell shareholders as little as possible...maybe they will loose interest.
6. No need to market the company or wax lyrical, as Rio Tinto/ others already in background. But dont draw any attention to that.
The list could go on.
The flip side is that it all bodes well for big things, when they do eventually pull the trigger with KDR.
Good luck all.
Maybe management should read this:
https://www.investopedia.com/investing/why-do-companies-care-about-their-stock-prices/