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Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."


GREY:PGDIF - Post by User

Comment by ekimon Mar 09, 2015 9:20pm
85 Views
Post# 23504612

RE:RE:Cahi Tai Fok blog spot has got some international interest

RE:RE:Cahi Tai Fok blog spot has got some international interestThey are not investing in a mine to make money.
They are investing in a diamonds because they want the stones.

Don't worry, they already have lots of profit margin on the retail mark up.

They want to get rid of as many middle men (or women) as possible.

Don't forget the US$200 per carat is for the a diamond in rough state. There has to be profit margin all along the food chain before it hits the end user.

Chidliak diamonds, once cut and polished are worth multiples of US$200/carat.

LONG...PGD

EKIM
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