Post by DrDiamond on Jun 18, 2004 23:43:55 GMT -5
Intrinsic means of or pertaining to the essential nature of a thing! To break this down I have always looked at intrinsic as that which essentially makes up or collectively forms the true essence of a thing! Just as there are certain scientific properties inherent in gold that when collectively put together causes gold to exist! Without any of those properties gold would no longer be gold! The rarity of these properties collecting together to form gold causes the inherent (intrinsic) value of gold to be more precious and thus more valuable!
All of that to say, there are only certain land masses on the face of this earth that contain the properties necessary to contain kimberlite! We all understand that the vast amount of lands available on the earth today, few land masses contain areas of kimberlite! Agreed? Okay! This causes all lands that have kimberlite to have an inherent intrinsic value over any of the other lands not containing kimberlite!
Now, within those few particular land masses that have the rare properties that have manifested kimberlite within its boundaries, are even a rarer form of land mass among the kimberlite masses, and those are the ones KNOWN to be diamondiferous! Whatever intrinsic value one might place upon land as a whole, one would have to increase that value based upon the minerals that are intrinsically inherent in the land! The rarity of the minerals should dictate a higher intrinsic value by the nature of the scarcity of the mineral and its overall availability! As rare as kimberlite is on the planet even rarer are the diamondiferous land masses within the rare kimberlite field of land masses!
In Africa and some of the other places kimberlite is found, the actual percentage of kimberlite pipes that are diamondiferous are a very small percentage, I forget so let’s say 10%. The kimberlite lands in Africa would be more valuable than most any other land in Africa because of its intrinsic properties of possessing kimberlite! Why? Because of the potential they possess of being diamondiferous! Not because they are diamondiferous, but because they possess the properties that none of the other lands have! By their inherent properties they possess the POTENTIAL to have diamonds where the others lands without kimberlite, do not! The lands in any area KNOWN to be kimberlitic and diamondiferous would hold even a higher intrinsic value because of their potential of being diamondiferous.
In Saskatchewan we have a multiplied intrinsic value because we can calculate the rarity of the POTENTIAL for having kimberlite, plus the added bonus of KNOWING there is kimberlite throughout the region, plus knowing that 80% (yes 80 percent) of all kimberlite in the Saskatchewan Land Masses is diamondiferous ads an astronomical intrinsic value to the land! Add to that the confirmed Aerial Surveys showing magnetic anomalies all over the Saskatchewan land mass and confirmation that non-magnetic anomalies also contain as much potential as magnetic anomalies for having diamonds. Add to that the fact that 50% of that diamondiferous kimberlite holds diamonds of at least one millimeter in size. Add to that the fact that a high percentage of diamonds recovered are clear, inclusion-free and exhibit good crystal form.
All of this determines intrinsic value. Now you take that incredible rare and scarce land containing all of the above intrinsic properties, and realize that these are only known to be in one area on the face of the earth. Then you take the mineral rights to 1.4 million acres of that land and the intrinsic value increases because you have cornered 1.4 million acres of kimberlitic diamondiferous acreage in a region known to have kimberlite, and some of them big, (like DeBeers), knowing that 80% of your kimberlite is diamondiferous, and 50% of that diamondiferous kimberlite will have diamonds 1mm and larger! You have known kimberlite anomalies on at least 14 different targets and an untold or undiscovered number of non magnetic kimberlite with the same potential and some of these joining what some would consider “diamond mother loads”.
This is our CMKX! I didn’t try to price the acreage or give it an intrinsic numeric value, but I believe I don’t have too! Anyone with any insight can see the INTRINSIC VALUE of the CMKX mineral rights! Just one diamondiferous kimberlitic pipe can easily jump CMKX to a major board! Just one! Well, we have 1.4 million acres of mineral rights in the only place on the face of the earth where these diamondiferous percentages are known to exist!
Is the intrinsic value included in CMKX when we are at .0006 per share! Not a chance! As I posted before, this is what Urban is going after first, because if we never pull a diamond out of the ground it is irrelevant! The intrinsic value we have is rare to the world market as a whole and we need to see a little numeric appreciation of that fact added to our shares, with or without a known share structure, we have great value!
Just my opinion and I ask that you treat it as such!
Dr.D
All of that to say, there are only certain land masses on the face of this earth that contain the properties necessary to contain kimberlite! We all understand that the vast amount of lands available on the earth today, few land masses contain areas of kimberlite! Agreed? Okay! This causes all lands that have kimberlite to have an inherent intrinsic value over any of the other lands not containing kimberlite!
Now, within those few particular land masses that have the rare properties that have manifested kimberlite within its boundaries, are even a rarer form of land mass among the kimberlite masses, and those are the ones KNOWN to be diamondiferous! Whatever intrinsic value one might place upon land as a whole, one would have to increase that value based upon the minerals that are intrinsically inherent in the land! The rarity of the minerals should dictate a higher intrinsic value by the nature of the scarcity of the mineral and its overall availability! As rare as kimberlite is on the planet even rarer are the diamondiferous land masses within the rare kimberlite field of land masses!
In Africa and some of the other places kimberlite is found, the actual percentage of kimberlite pipes that are diamondiferous are a very small percentage, I forget so let’s say 10%. The kimberlite lands in Africa would be more valuable than most any other land in Africa because of its intrinsic properties of possessing kimberlite! Why? Because of the potential they possess of being diamondiferous! Not because they are diamondiferous, but because they possess the properties that none of the other lands have! By their inherent properties they possess the POTENTIAL to have diamonds where the others lands without kimberlite, do not! The lands in any area KNOWN to be kimberlitic and diamondiferous would hold even a higher intrinsic value because of their potential of being diamondiferous.
In Saskatchewan we have a multiplied intrinsic value because we can calculate the rarity of the POTENTIAL for having kimberlite, plus the added bonus of KNOWING there is kimberlite throughout the region, plus knowing that 80% (yes 80 percent) of all kimberlite in the Saskatchewan Land Masses is diamondiferous ads an astronomical intrinsic value to the land! Add to that the confirmed Aerial Surveys showing magnetic anomalies all over the Saskatchewan land mass and confirmation that non-magnetic anomalies also contain as much potential as magnetic anomalies for having diamonds. Add to that the fact that 50% of that diamondiferous kimberlite holds diamonds of at least one millimeter in size. Add to that the fact that a high percentage of diamonds recovered are clear, inclusion-free and exhibit good crystal form.
All of this determines intrinsic value. Now you take that incredible rare and scarce land containing all of the above intrinsic properties, and realize that these are only known to be in one area on the face of the earth. Then you take the mineral rights to 1.4 million acres of that land and the intrinsic value increases because you have cornered 1.4 million acres of kimberlitic diamondiferous acreage in a region known to have kimberlite, and some of them big, (like DeBeers), knowing that 80% of your kimberlite is diamondiferous, and 50% of that diamondiferous kimberlite will have diamonds 1mm and larger! You have known kimberlite anomalies on at least 14 different targets and an untold or undiscovered number of non magnetic kimberlite with the same potential and some of these joining what some would consider “diamond mother loads”.
This is our CMKX! I didn’t try to price the acreage or give it an intrinsic numeric value, but I believe I don’t have too! Anyone with any insight can see the INTRINSIC VALUE of the CMKX mineral rights! Just one diamondiferous kimberlitic pipe can easily jump CMKX to a major board! Just one! Well, we have 1.4 million acres of mineral rights in the only place on the face of the earth where these diamondiferous percentages are known to exist!
Is the intrinsic value included in CMKX when we are at .0006 per share! Not a chance! As I posted before, this is what Urban is going after first, because if we never pull a diamond out of the ground it is irrelevant! The intrinsic value we have is rare to the world market as a whole and we need to see a little numeric appreciation of that fact added to our shares, with or without a known share structure, we have great value!
Just my opinion and I ask that you treat it as such!
Dr.D
