Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:MicroD Results Extend CH6 to 540 M...open at depth

[Kidlapik]

IMO dont hold your breath on day to day movements upwards on this stock. This is held extremely tightly by the Friedland brothers. They put their money where their mouth is, period. To the point now where we are already basically JV partners with them, or more like at their mercy. But that is a good thing, IMO Mill/Cudjo welcome to disagree I enjoy your very healthy viewpoints.

Shareholders of PGD are JV partners with one of the worlds most successful mining moguls of our generation and his very astute brother. In the heart of the mining depression nobody would come in and give us a fair shake and instead of shelving it or selling it off for a song they raised it from the share base. We are still there. But we have gone from raising internally on a deposit with a 500t bulk sample to potentially raising it for a deposit with 25million carats at $175/ton(ezmath). This is a mine. Period. Canadian diamonds are out of favor, the sector is in a downward swing but the sector is actually now rebounding.

I know more people getting married everyday, maybe im old, and the ring (particularly the size) has been getting more prevalent IMO. I had an argument with a group of ladies the other night about the size of the ring shouldnt matter. ME a guy with over 800,000 shares of a junior diamond company is the one saying the size of the diamond doesnt matter getting shouted down. We went from nothing inferred to 500ton bulk sample to 11million carat inferred to now 25mil carat infered(imo not substantiated yet).....I sleep better everynight with my investment BUUUUUUT

You have to be able to contribute on the potential a financing arrives. If you cant and you think you can own it and potentially never have to exercise a right or sell off a right.....dont own this stock. Once again period.

My predictions for the new PEA released in February.

25million carats inferred CH-6 alone
10million tonnes of kimberlite
Average grade now 2.5CPT at $186US/carat
$4.65-Billion US in-situ
NPV(because these things are dumb) $750million after tax

What is everyone elses guesses for the new PEA? :)