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| | Corporate Profile: Diamonds North Resources Ltd
Publisher: Kaiser Research Online
Author: Copyright 2013 John A. Kaiser
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Diamonds North Resources Ltd (DDN-V)
| Diamonds North Resources Ltd amalgamated with Uranium North Resources Corp on February 19, 2013 to form Adamera Minerals Corp, consolidating the 50% ownerships in the Washington gold and silver prospects. Diamonds North spent the 2000's generating large grassroots diamond plays in Canada through regional reconnaissance work. Its flagship was the Amaruk project in eastern Nunavut which many kimberlites but none with a meaningful macro grade, and its key secondary play was the 100% owned Blue Ice project on Victoria Island where 39 small pipes and dykes were found, most of them diamondiferous. During 2006 Diamonds North spun out its uranium properties into Uranium North Resources Corp on a 1 Uranium North for 6 Diamonds North basis. In 2012 CEO Mark Kolebaba ceased work on both the diamond and uranium ventures, and shifted both companies' focus to revisiting old gold-silver districts of the Republic Graben region of northeastern Washtington on a 50:50 basis. On February 19, 2013 the two juniors merged on a 7.5 Diamonds North and 5 Uranium North for 1 Adamera basis. KRO treats Diamonds North as delisted and Uranium North as the continuing company. |
Key to Understanding IPV Charts and Spec Value Hunter Tables
| An IPV Chart is a graphical presentation of a Spec Value Hunter table that has been constructed according to the Rational Speculation Model developed by John Kaiser. The IPV Chart allows speculators to identify which projects offer poor, fair or good speculative value in both absolute and relative terms. The speculative value depends on the project stage, the project's implied value as calculated by the company's fully diluted capitalization, stock price and net project interest, and the dream target deemed appropriate for the project. A dream target is what a project would be worth in discounted cash flow terms once in production. |
| Green background indicates the dream target judged appropriate for this play by John Kaiser - otherwise unranked. |
Poor Speculative Value -   |
Fair Speculative Value -  |
Good Speculative Value -   |
| Note: narrow arrows indicate IPV is outside the fair value channel but within 25% of the fair value limits |
| Click on the company name to view the company profile, the project name to view project details. |
| Click on the project icon if its background is shaded to get the IPV Chart for that company. |
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