Proven & Probable

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