Member Info for mr10bagger

9. So was other land owners. Each has different case and this one feels he should be paid more for reasons he presented. Land Court decided 3 have merit and have asked National Land Survey to review again. Obviously this could take longer than October 12th or they may appeal either could cause a further delay.

10. Unlikely to appeal because they lost and we won. No they have not lost yet for following reasons the Land court

a. RE boundary whilst Land Court re affirmed their decision re boundary, they have given them and their solicitors 30 days to appeal they could take findings of court and present a new improved case if they so choose... We need to wait and see if they do or do not appeal before claiming they have lost and ourt of respect I would be careful to claim we have won for fear of antagoniesing them. Also re compensation the Land Court decided 3 of their claims have some merit, thus asking National Land Survey to reconsider 3 points... National Land Survey may find in their favor re those 3 points and offer them higher compensation or may offer them same in which case yes they have lost as will be same compensation minus costs. To be honest that is scenario I most fear as feel would lead to an appeal and if could not be resolved at this level taking to supreme court. It really is not that much more expensive when consider have already gone two years ... But would undoubtedly mean a long delay for us.

11. Re would not surprise you same company lined up two sisters. It would surprise me one is focused Gold the other diamonds... Lahtojoki is easy to bring to production and I feel confident is economically viable... Am confident when tested further will back up re pinks and probably exceed.

12. Could be some form who knows... Well you did mention a merger of KDR and Cgnr... Me personally having invested for Fredrik his family, LAHTOJOKI AND the pinks, why would I want a merger? However I would not bet against that one as you seem confident and favourable to the idea and you certainly have more contact with prof than I... So maybe has been muted already and can certainly see why prof would like and you being invested iin both and you hold quite a few voting rights, so when you say who knows? Maybe you do in regards to a merger of the two, certainly would not bet against.. Maybe has already been muted...

In response to what you say.

1.I have not researched enough. On the contrary am more than happy with research I have done here.

2.Maybe start of news flow. Well yes starting with decision re landowners in two weeks Monday most likely

3.Odds on and very unlikely they will appeal in your honest opinion, fine if that is what you think. I think odds on against for reasons I stated... No need to get irate.

4.Just over a week and then there is Kuhmo? No there will be no activity there drill wise as is swamp land at moment, we will have to wait for it to ice which generally happens there around November 21st so should be looking at drilling latest early December so around 9 weeks time.

5. Could be linked to a partner coming in Lahtojoki... Well I think there are always rumours and talk on board like this. Personally I think there will be nothing definite re a partner until we find out for definite that the two remaining landowners have settled. Kuhmo think we will drill first on our own.

6.That pay cash for winter drilling.? Well re Lahtojoki again if this is not sorted with landowners think could drag to March 2025 so there will be no winter drilling there... Re Kuhmo yes we will drill there like say latest early December would expect. partner lets see.

7. Yes the warrants if not settled with land owners no chance in my book. If settle land owners then I for one will be very bullish as think with permit is worth more than current price alone and am confident there is pinks there in good amounts and with Argyle mine that supplied 90% of Global supply. A supply to demand deficit and shortage of pink diamonds on the market and no chance of replacing the gap Argyle left prices will stay high and 20x multiple plus of white diamonds.... Throw in fact we will be only diamond mine outside Russia and you have the perfect storm and part of reason am invested here. Then we go to Kuhmo in search of beautiful and very valuable green diamonds and you have part of reason I invested here and remain so from long term perspective... I think under that scenario with prof , his daugher and CGNR holding warrants and CLNS in CGNR case, we Would be right to ask questions if they are not exercised ESPECIALLY IN VIEW OF ALL THE BULLISH COMMENTS THE PROF HAS MADE AND REFERENCES TO PRICE AND WHOOSH and yes MR 10 Bagger would move to strong buy and be eyeing a 10 bagging.

8.Mr Fredrik Bjornberg 6,450,000 5.01%... Yes well aware of Fredrik and his family and their businesses... He is reason I came on board as a shareholder and did so at same time, been invested here ever since though my holding varies and much smaller than his or yours from 0.5-1% towards lower end right now down to selling some at higher prices double and treble current price and dilution. His family initially discovered Lahtojoki so naturally when he comes on board after Rio leaving is of interest. plus his family connections to Ashton Mining and Ashtons and Rio role in bringing about the Arglyle Mine c

Further reason.

19. The constant selling

20. Nature of selling is like seller waits for a buy and then sells that amount so they get best price and do not drive price down has been going on since fundraise, flipping has to be someone that picked up a stack in recent raise to my mind... Not sure why you would do that if thought decision was going our way...

21. Previous history of when this was done and all thought story was mad turned out he was correct and one of few to make cash here to date.

1. The slow judicial process to date

2. The Referral back to Land Registry for CONSIDERATION of 3 points

3. Land Registry seem to do things in own time never in rush

4. The Land owner has been in this process 2 years

5.I learned on this board that he is asking way above what previously offered. If true this is another reason.

6.We know he is not happy with current offer

7.Next offer unlikely to satisfy him.

8.Was told he sells tree's, lol in other words he is in lucrative Finnish timber business.

9.I get impression he may not care about small amount's of cash prob elderly and values his peace and quiet and does not really want us on his land.

10.He may be stubborn given above.

11.Supreme court not as expensive as we once thought once I looked into the costs.

12.If he is in timber business and with own land he is of a certain wealth

13.He will be a Finnish national

14.Good Finnish community everyone seems to know everyone and care about those in their community.

15.Despite positive comments here a total lack of buying shows lack of confidence amongst holders

16.Lack of share price movement before what would be a lanmark moment for Karelian.

17. Was mentioned to me yesterday perhaps this explains low fundraise price recently.

18 Not much promotion of Lahtojoki andthe pink diamonds from company a period of radio silence, may be other reason for that though out of respect etc for the process...

Nope the more I think about it the more I think a delay and 90/10 in favour of further delay Will be devastating for reasons will put in my next post.

I considered this over night

So what is holding us back?

Simple getting the right court decision on 14th October.

Whilst invested hope is telling me it is 60/40 against. Logic and gut is telling me it is odds on against and will be another delay...

If price was moving up as would expect so close to a positive landmark decision and there was lot of buying action I might be forgiven for thinking I was alone in this belief going by all the positive posts... However neither are happening and that even despite the positive RNS yesterday so clearly I am not alone in this way of thinking... Someone out there will know which way the decision is going though.?

Whilst I personally welcomed yesterdays news in a positive way I felt the market as a whole would be luke warm... Expected a few buys and maybe 7% up....I was over optimistic it seems this comes with being invested and hope bias.

Is beadle still about?

Watch out beadle's about

Talk is more of merger Death. I am not for it but more think about is not something I could rule out.

Could certainly put a strong case against but also in interest of balance a case for it.

Yes sound reasoning should form the basis for any investment decision I am invested there for sound reasoning and accept you will have good personal reasoning for not. I am not blinkered though and fully aware of upside and risks....

Re posting over there was Fairview who mentioned and played along with him, genuinely happy for anyone to post there whether invested thinking of or no intention if is about KDR or CGNR as two are linked like it or not for various reasons that I stated...

Like you at CGNR I do not want us embarking on fruitless expensive none core ventures. The two are further linked by talk of a JV between the two and amongst shareholders some who hold significant voting weight and I doubt they got that idea out of thin air the Prof being a major holder in both and ceo of both... I get impression neither of us would want that but it is relevant topic when major shareholder start talking of such and open to idea. I can see why prof might like idea of?

Ha, ha Fairview it is a public board. Have you considered setting up a CGNR private telegram group. That way you can set up your own echo chamber free rose tints to all members. Personally I like views of people who are not invested as they can give a more objective and less biased view. Good to get different opinions.

Yeah post it please on Karelian board Goldbug. If you are correct in your analysis then we need to see the counter case from those advocating and see if stands up to closer scrutiny. Last thing we want as small company is a goose chase that does not deliver that could have been avoided

Good suggestion Fairview.

More than happy for you to do so, why don't you rather than getting others to do so lol.

Totally open to anyone posting on KDR board whatever their views.

It is not like I am posting on random board about unlinked company though must admit was engaging with MR DIAMOND who is both holder of CGNR and KDR when posted here by mistake initially, when you engaged me further,chuckle. Seemed rude not to respond. Although was mistake initially, kept posting here as felt more relevant as we had got into discussion about CGNR on Karelian board.

1.They have same ceo

2.Much the same staff

3.Share an office naturally.

4.Karelian was spun off from CGNR

5. Interest shown from CGNR shareholders re NI activity.

6. Have many shareholders in common.

7. Talk of merger of two.

Re money trap again thank you for your opinion but have always fared well in small cap sector AIM and sufficiently so to not need a day job for past 5 years.

Thank you for your opinion on NI. I am not a fan Karelian diversifying away from Diamonds...

Though understand need to follow up on what looked promising and will seek more info on.

May I ask what your geology and credentials are in this field as you go under name of Goldbug

Will print what you say as counter argument, devils advocate, see what response is.

Though for me am invested in Karelian Diamonds for the pink diamonds anything else a bonus that alone if get permit will warrant higher price. After closure of Argyle mine that provided over 90% of the worlds pink diamonds they are highly sought after price's have soared and demand is outstripping supply. If you have an alternative diamond company at good value that is a better bet on pink diamond exposure am all ears. However I will not be switching from Karelian to conroy. When comes to Gold I already have exposure and to physical gold and companies that are currently in production and in profit and already in profit on those positions. Funnily enough one is based in Canada

Chuckle, great post Vamps, thank you for the chuckle, sharing and keeping us informed. I did wonder what those hungry growls were coming from the Kuhmo region.

Also work done to date is suggesting contrary to nothing there. Indicators are that there is something there though we can not say if economically anything financially viable or not until a lot of further work done... So could be nothing could be a lot, hence my personal price tag for now.

Not a problem death would hold onto it then, we have paid next to nothing discovering the potential and all great discoveries start that way ie exploring and finding potential...

Prof will have a good idea though if could potentially be worth a lot more and are sound biting they think so and some shareholders of CGNR have already expressed an interest so not inconceivable a deal would be done, though for me I would not give it away or do a deal for CGNR shares etc would have to be cash or no deal.

Well you put a ? re nothing in them.

Too early stage to know for certain but some promising work already done others believe could be worth a lot more would need to be persuaded. Personally am in middle of zero and a lot more would want 600,000 Euros in cash at present taking into account potential rewards and costs as I see it. with extra work done or no deal with CGNR... Put that towards work Kuhmo and Lahtojoki if we ever get permit for what would be first diamond mine in Europe outside of Russia.

Re what would KDR do with that branch of family business? Simple we are primarily a diamond exploration company focused on Finland stick with that... We were following up on work re source of diamond in stream in NI when found potential for Nickel, copper,platinum that could not be ignored and further work done looks promising, though early stage hence my 600,000 Euro tag... Personally I would rather we focus on the diamonds and feel is better fit with Conroy so think win win if a deal was made there, though they still need to raise capital as they are running on fumes at the moment.

Significant Reconnaissance, scouting and exploration of the area from both ground and air via drones has already occurred. So good to hear the prof go on record as being confident company will find the source of the green diamond... But of course company will need to drill to find out if their theory is correct... Only negative can see is swamp land but positive is it always ices over in cold season which runs from around 20th Nov to early March so we should be drilling by December... Yes is of interest as am very interested in colored diamonds especially pink hence my rather blinkered approach to Lahtojoki at moment we know pinks are there for certainty of that kind we just need to clear uncertainty around permit timing... Incidentally I see Vamps is more optimistic citing no news of delay yet... I see it a different way no news of agreed settlement yet, that is a great worry to me and I am not optimistic feeling is 60/40 against us and am preparing myself for further delay which will be absolutely gutting knowing we are ready to go now both here and at Kuhmo... Getting the RIGHT decision Monday 14th Oct is way more important than being right trust me.... If we get decision we seek I will be jumping through HOOPS, chuckle. It is a massive decision that I desperately want to go our way. Despite above if further delay we will head lower than the 1.5p.