Peregrine Diamonds Ltd. PGDIF

Now we know why

[cudjo]

Clements left, Brookes left, DeBeers left and BHP.  Not enough to make a diamond mine, pumpers are going to be working overtime while they desperately dump thier positions, eh oiltar, zero bidso for rights.

[Kodiboy]

Not sure why you think individuals left because results disappointing, to some, not great, just ok as expected really. will be interesting to see market reaction this morning, maybe Mill will get his sub dime price to load up his tax free account early in the year.... not terrrble results, not run for the hills results either, kinda just there...

[Kidlapik]

See this is exactly what I mean by people not being able to interpret the bulk sample results. All they will see is 0.88 and think oh awful. This bulk sample was made up of MOSTLY Kim-2 which was originally estimated to be at 0.5cpt but it has now come in at 0.76cpt Kim-3 and Kim-4 came in along expectations of 1cpt with the only disappointment being Kim-5 which graded only 1.3cpt from an

[Kodiboy]

Kid, agree, but results are ho hum in today's market of expectation derived by some exuberant pundits...

[Kidlapik]

Also Cudjo's post COMPLETELY disregards the issue of diamond breakage across the sample. From the NR and I quote: "During diamond recovery and sorting, a high level of diamond breakage was identified.." "and lead to the conclusion that the breakage observed has resulted in a 10% to 40% loss of carat weight due to minus 1.13 mm diamond fragments reporting to the sump during

[CapitalJ]

Do you still own PGD Kidlapik? I thought I remember a post you made not too long ago indicating you were out or on your way out? Just curious

[Kidlapik]

Yes I still own some PGD along with all my rights and I have some capital I am debating whether to get back in to my full position. Right now we have bulk sample results from CH-7 that have come in below expectations of 1-1.2cpt but with some doubt being cast on the results in the form of high levels of diamond breakage and an apparent grease resistant coating on the sample from Kim-5. I am

[robybob]

I have to agree with Kidlapik.  Values will be much lower, and despite what I wish, cudjo has a point, how will they raise more money.  How could this possibly move up now?

[ibeennorth]

SELL DO 27 FOR CASH