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Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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

Peregrine Diamonds Ltd. > News out.
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Comment by ekimon Jul 26, 2017 11:57am
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Post# 26511357

RE:RE:News out.

RE:RE:News out. One thing for sure...that Scoping study they did with JDS earlier this year is absolute garbage now.

They would have entered the assumptions based on the predicted modeling of the TFFE and those assumptions in one drillhole are shown to be basically wrong...to be blunt.

"The results of this study are excellent and have significantly changed the specifics for the 2017 work program"

Based on the new drill results..they have changed the program yet again with the addition of a 3rd drillrig.

The good news of course is the assumptions were wrong on the downside. That leaves a material amount of upside to be entered into the next study.

LONG...PGD

EKIM
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