Proven and Probable

Andy Hecht - A Diamond In The Rough


Listen Later

Joining us for a conversation is Andy Hecht a world renown commodity stock analyst. Today we will discuss what could be one of the most overlooked value propositions in the Natural Resource Space; Diamonds! We will begin our discussion with some diamond basics and then explore some of the macro supply and demand fundamentals that could become catalysts for driving the prices of diamonds higher. Then we will explore the value proposition of a junior mining company, the is in production, with a market cap below $21M CAD.
Company Highlights:
• Production focused with a proven history of supplying quality diamonds to the world market
• Strategic Alliance with world famous Tiffany & Co.
• Adjacent to DeBeers Venetia Mine – 5th largest mine in the world
• Revenue growing quarter over quarter – ~50% gross margin, cash flow positive growing quarter over quarter
• The Company’s last sale of rough diamonds yielded an average price greater than ~$266/carat more than 2x the world average
• ~$100M in development, 3x the current market cap - Significant infrastructure in place, 30-year mining right
• A high % of gem quality with history of recovering large gemstones which have exponentially value as their size increases. The company recently recovered a 59.4 carat and a 43 carat with many other large diamonds in the Specials category
• Diamond resources on approximately 90% of Project area yet to be defined - Significant growth potential
Diamcor Mining: (TSX.V: DMI | OTCQB: DMIFF)
Website: https://www.diamcormining.com/
Contact:
Mr. Rich Matthews
+1 (604) 757-7179
Diamcor Mining Inc. is a fully reporting publically traded junior diamond mining company which is listed on the TSX Venture Exchange under the symbol V.DMI, and on the OTC QB International under the symbol DMIFF. The Company has a well-established prior operational and production history in South Africa, extensive prior experience supplying rough diamonds to the world market, and has established a long-term strategic alliance with world famous Tiffany & Co. Rather than exposing itself to the high risks and costs associated with traditional exploration, the Company’s focus is on the identification, acquisition, and operation of unique diamond projects with near-term production potential such as the Krone-Endora at Venetia Project.
The Best Video on How to Buy Precious Metals (Bullion): bit.ly/3iR8Rq3
Website | www.provenandprobable.com
🥇🥈Get Your Online Gold/ Silver Here
Call Me Directly at 855.505.1900 or Email: [email protected]
Precious Metals FAQ - www.milesfranklin.com/faq-mau...
I’m a licensed broker for Miles Franklin Precious Metals Investments
- The (ONLY) Online Dealer that is Licensed and Bonded (Period).
- Physical Delivery
- US Mint Authorized Precious Metals Dealer: catalog.usmint.gov/bullion-dealer-locator
- BRINKS Depository Accounts: preciousmetalstorage.net/
- Precious Metals IRA’s: ndtco.com/precious-metals/
#Provenandprobable #preciousmetals #silver #gold #platinum
...more
View all episodesView all episodes
Download on the App Store

Proven and ProbableBy Maurice Jackson

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

29 ratings


More shows like Proven and Probable

View all
The Peter Schiff Show Podcast by Peter Schiff

The Peter Schiff Show Podcast

5,675 Listeners

Sprott Money News by Sprott Money

Sprott Money News

142 Listeners

Mining Stock Education by Bill Powers

Mining Stock Education

140 Listeners

Stansberry Investor Hour by Stansberry Research

Stansberry Investor Hour

674 Listeners

Palisades Gold Radio by Collin Kettell

Palisades Gold Radio

251 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

363 Listeners

Eurodollar University by Jeff Snider

Eurodollar University

460 Listeners

Wealthion - Be Financially Resilient by Wealthion

Wealthion - Be Financially Resilient

383 Listeners

The Jay Martin Show by Jay Martin

The Jay Martin Show

71 Listeners

The KE Report by KE Report

The KE Report

11 Listeners