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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

View:
Post by madmann on Feb 01, 2016 4:17pm

Oiltar

Where is that guy, he must've bailed or given up..............could be a sign of the bottom?
Capitulation maybe?

Am assuming Botswana drill (core?) has not been processed yet, otherwise we'd of had an update
good or bad! The only way it could be material news is if they found some big rocks visually.

Kim minerals are obviously abundant in pipes however do not necessarily mean the pipe bears diamonds.
Comment by ekim on Feb 01, 2016 4:41pm
"In addition, three other areas have unresolved geophysical and kimberlitic indicator mineral anomalies with very good mineral chemistry." This is pretty common in many Diamond exploration company...and many times..they remain unresolved. So, they know they have these confirmed good KIM's (surface samples) with good chemistry and that if you find the source, there is a reasonable ...more  
Comment by Kodiboy on Feb 01, 2016 7:26pm
Correct me if I'm wrong Mike, but one reason it is so hard to find the Kim pipes in the north, is because of erosion from glaciers and the like over many millions of years, moving indicator minerals away, sometimes far, far away from the original source. Just out of interest and because I'm lazy, how is the finding of indicator miners, leading to Kim pipes in Africa differ?  Surely ...more  
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