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Bullboard - Stock Discussion Forum Peregrine Diamonds Ltd. PGDIF

"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 Discussion

Peregrine Diamonds Ltd. > SHAREHOLDERS NEED TO HOLD PGD TO ACCOUNT...
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Post by ibeennorth on Jan 12, 2016 11:36am

SHAREHOLDERS NEED TO HOLD PGD TO ACCOUNT...

FOR A LIE IN TODAYS NR.......while im a believer I really hold my head low when I read first paragraph........."During diamond recovery and sorting, a high level of diamond breakage was identified" but before they mention breakage they STATE...... "All 280 tracers were recovered as whole, unbroken stones during sorting at the SRC, a 100 percent recovery rate. SO TRANSPARENCE IS REQUIRED !!!ROBERT ERIC WTF be real comeforth the truth will set you free......cudjo this jives with your opinion I hate to admit....
Comment by shneps on Jan 12, 2016 11:40am
The tracers are placed in post RC drilling, of course there isn't going to be any of them broken. As stated further the RC drill on site will not be used until further investigation.
Comment by Kidlapik on Jan 12, 2016 11:45am
 I wonder if the breakage has anything to do with drill speed/pressure, I am assuming it does. Imagine you are on a drill crew and you are in a nice warm comfortable place and then imagine you are on a drill crew in the middle of the north in the harshest winter conditions.....which circumstance are you more likely to try to speed up the drilling pressure and push your equipment to move ...more  
Comment by shneps on Jan 12, 2016 11:56am
You are absolutely correct. Thereby the importance of gluing them back together, sending them to Antwerp and getting a proper carat valuation. This will keep the carat valution desent for those nice sized octa whites. Where are you Ekim? I'm tired of listening to dumpers today, 0.88 cpt is still twice what Diavik's digging up right know.
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