Peregrine Diamonds Ltd. PGDIF

RE:Rio Tinto CEO....We LOVE Diamonds!

[cudjo]

Rio doesn't fit with what Eric said on CC, they "thought" they were moving forward with a team until the teams corporate pulled the plug, to the surprise of the team, is what I recall, sounds more like DeBeers Canada in discussions and then Anglo.... nai nai.  It all comes down to the drill this summer and what it pulls from the ground, if the kimberlite narrows, or not, and the caustics are in line with earlier results.  If the pipe narrows, and Anglo poopoo'd any earlier hope, can't see them changing minds if all they have is a little more than a very nice, tiny, pipe. Then the next push will be more money spent on 7. Good Luck, it will be interesting.