Diamond Development & Exploration

Baffin Island, Nunavut ♦ Manitoba ♦ Northwest Territories

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Message: NR - Botswana transaction closes & 2015 exploration program announced

Looks like they've focused all money on Chidliak on CH-6 and CH-7.

Makes sense as that gives them the biggest reward (aka PEA) in the short term.

They really need that to show the market and the majors what Chidliak has.

..and then they can show them all the other opportunities on site beyond that.

If they can get a partner or major or someone else involved...you will see the project morph into not just going toward a mine..but getting 2 or 3 core drill rigs onsite and push the envelope on all the other opportunities onsite....but that ain't going to happen until they have a PEA...the ubiquitous carrot (carat) to dangle in front of the world.

We wait.

EKIM

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