Andy Hecht - A Diamond In The Rough

Proven and Probable

Dec 9 2022 • 20 mins

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 rmatthews@integcom.us +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: Maurice@MilesFranklin.com 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