Peregrine Diamonds Ltd. PGDIF

Melt is on in Iqaluit

[Kidlapik]

Warm weekend. Lots of rock popping through now. Bet PGD finishes up CH-7 drilling but nothing else till the summer. Could be a good opportunity to average down further for longs in anticipation of the CH-7 results and valuations.

[ekim]

I assume with lack of a lot of snow that it wouldn't take much to expose some rocks. They put some decent thick ice on site. Is it warm enough to start pooling the water on top of those? I think that would be the biggest concern. Supposed to drop a few degrees after a couple of days close to zero. EKIM

[wizard3]

YOU SOUND. LIKE A SHORT !!

[ekim]

Kid's no short. He is the closest forum participant to site as any of us. LONG...PGD EKIM

[Kidlapik]

Just giving a weather update. Though I may not be the closest, I am sitting inside the Frobisher Inn right now...if there is a forum participant who lives along the Road to Nowhere they are closer ;) Reality is what it is. They wont meet their winter plan. Do I care? Maybe a bit but in the end their working capital will still be enough to deliver a PEA on CH-6 and CH-7. Would it have been better

[Fivecarat]

Maybe you're a pumper, talking about rocks sticking out of the ground like diamonds just grow out of the earth...:)

[ekim]

CH7 absolutely needed the LDD work to move anywhere,since it did have 5 domains. I'm sure they will take a look again at CH44,45,46 and if they are all 1 domain type kimberlite bodies, I would think a excavated surface bulk sample would be next for them...not the LDD drill. Although, I understand the LDD drill will stay onsite on a year to year decision made by PGD's mgmt team. Guess we