Peregrine Diamonds Ltd. PGDIF

Deep drill this summer?

[MrBigger]

That would take a lot of cash they do not have. You guys have built how many mines? How can you keep trotting out capex #'s that are 50-75% lower than Victor, SWY, MPV, DDC, etc. PGD has problems even getting core samples out to civilization. Then there is "The FOG"

Also PEA's can be so bogus. Just look at copper fox's PEA  VS the FS for Schaft Creek.

[ekim]

Are you already discounting the PEA? Hilarious. We should all ignore my, JK, and now JDS capital cost estimate and use yours instead? You must be very special.long...pgd...ekim

[Kidlapik]

SWY = Underground mine, large road built, far more remote, bigger mill MPV = Much bigger mill size DDC = Under lakes, much bigger mill size Victor = Much bigger operation, 2.7million tonnes a year If you want a REASONABLE apples to apples example look at the Jericho Mine that is now shuttered. Firstly it is important to note it was a terrible pipe to develop, nowhere NEAR a CH-6 quality, and that

[mill44]

I think people missing a point. The main question was if they have enough to warrant a mine. I think that was answered. If you take in consideration the size of the Friedlands' holding, do you see a chance that they will abandon this project? I don't. They will either sell it or build a mine themselves. I would prefer selling, it would be quicker and would not require more money from us

[oiltar]

kidlapik.You have hit the nail right on the head with your capx and Victor. TomP is bound by 43-101 I'am not so I will say what he can't say. His Northern Miner comment about CH-6 being in the top 4 or 5 margin pipes in the world is his way of saying "we think" as 43-101 rules  do not allow him to tell the truth until his PEA proves it. The CH-6 is not 4 or 5 in the top