Peregrine Diamonds Ltd. PGDIF

No reason to be worried about whether funding is coming

[NoSkynet]

Does anyone really believe after getting this far that they would shelve this due to lack of funding? I agree we do not know where the money is coming from at this point but to suggest there is no money out there for this is silly. just plain silly.

I have full faith Robert can pull something together, they didnt get this far to scrap the project.

the questions is where it comes from, not whether or not its coming. simple.

[Kodiboy]

Agree Sky, how much, when and from where and perhaps why is the end all right now. To soon to look at funding the mine construction, so like Mike said, some kind of road, not necessarily the best finished kind and additional shoring up the resource is going to lead to the next step, financing the construction of the mine...Renard 2.0 if you will. No doubt it will happen, will we be involved

[mill44]

My post says the source of funding and not if we get funding. For a shareholder the share price is the most important, toghether with the direction of it. PGD has 3 options: 1-funds from outside (I include Robert in this option), 2-shareholders 3-no funds for now The first would be good for everyone, shareholders gain, the project advances, a big happy family. We all talk about the PEA numbers

[NoSkynet]

wasnt talking to you mill, did i reply to your message? no. 

[Kodiboy]

When Mill posts, I can't shake the fact it's like a father talking to his 5 yr old child who has no clue about how the world works or a prof talking to first year students about business 101, you pick! Either way, it's just plain weird....

[Kodiboy]

They do have other options I believe for funds...in fact any and all kinds of combinations could take place, beyond and including the 3 Mill delivered with various responses from all kinds of SH. If this process is too stressful for whomever and you're loosing sleep because of it, maybe reduce your risk and or get out all together. These types of investmentss are not for everyone, very, very

[ekim]

There is a bit of tip-toeing around the project. Which comes first, the PEA or the Funding?? If funding was so easy...the question of 2 missed seasons has to be asked. One has to assume that the PEA is what gives the weight of the project to move forward. There was no work in Jan/Feb/Mar/Apr of 2016. No PEA in hand and not enough funding and no committment to know exactly what to do. There is

[Kodiboy]

Great post Mike!

[mill44]

Exactly, Ekim. People here forget that. It is true that the destination is clear, and I stated that 2-3 years ago, there will be a mine on Chidliak. The path to that is not. It could be one smooth ride, with nice, happy memories, or a warpath with hundreds of casualties. Some people don't like it when they are reminded about the ambiguity around PGD, they get mad because it contradicts what