Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:RE:RE:RE:RE:Stock is undervalued

[Kidlapik]

You dont but I do not anticipate many people outside of Nunavut would purchase a stock simply because it would be good for local community in that area. I agree with you that it is not a good trading strategy to buy stock with your heart but I am happy with it.

I spend time educating people on this project as there is so much misconception up here, especially regarding the environmental impact so mines get moth balled for years while community consultations take place. In the case of PGD they are very far ahead in terms of community consultation, mainly held in Iqaluit and Pangnirtung so far I see very resistance to the project in these communities.

Mainly because diamond mining is not as harsh on the environment as other mining, as well as these kimberlites have so little over burden that there will not be as much earth to relocate. There has been talk with PGD of wanting to support a deep water port which is exactly where the city of Iqaluit is heading.