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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. > Pinch and swell
View:
Post by ekim on Aug 08, 2016 1:37pm

Pinch and swell

Article posted online in the last twelve hours is getting a lot of reprints. Content titles talks about wider mineralization and focusses on grutters pinch and swell term. Going back and re-read the press release and grutter uses the word substantive and also applies the pinch and swell to the entire sikwane kimberlite field. In theory, might br bigger swells then they have reported. I don't think sikwane is done.
long...pgd...ekim
Comment by cudjo on Aug 08, 2016 2:40pm
the only thing getting pinched in Botswana is the bank account, re-read xdebeers post, nothing there, money pit, sunk about a million bucks into it now, a million dollars that could be sunk into a know entity, chidliak, time to move on, any new NR from Sikwane, if not buried deep in another MD&A, will be the very tiny amount of kimberlite they did find will have nothing of value in them. No ...more  
Comment by Kodiboy on Aug 08, 2016 3:04pm
Cudj, you may be right, you may be wrong, and I guess I agree with the premise that, why now? Surely they have much to do in chidliak still, but they are an exploration company and that's what explanation companies do.  Im sure people were thinking, what the heck are they doing, poking holes in Baffin Island looking for Kims way back when, at least in Africa, it's not so much as a ...more  
Comment by cudjo on Aug 08, 2016 3:16pm
actually kodi, I dissagree, Botswana is old ground, covered and explored in depth by DeBeers, abandoned by DeBeers, Baffin was new ground.  this was a very poor decision made by management at a time when a million dollars is better spent on Chidliak.  This had zero to do with an exploration compnay going over new ground with some interesting finding, old and tired, and researched to ...more  
Comment by Kodiboy on Aug 08, 2016 5:50pm
I understand what you're saying and I don't neccessarliy disagree Cudj, it just seems so obvious that the management is setting themselves up for some major critisism if they waste to much cash on a dead end, and that makes me wonder what do they know, now, that Debeers didn't know know way back when?  Is the tech improved to the point where they believe revisiting the area with ...more  
Comment by Silverwhere on Aug 08, 2016 8:22pm
cudjo, cudjo, cudjo . . . . . . . . . . . Dr. Grtter (Ph.D., P. Geo.) has 25 years of experience in the diamond industry and is a recognized expert in assessing the economic and development potential of kimberlite provinces. After 12 early-career years with De Beers in South Africa and Canada, he spent 4 years with Mineral Services Canada as Principal Consultant and worked on diamond projects from ...more  
Comment by Silverwhere on Aug 08, 2016 8:32pm
Furthermore, if you do not like their approach - SELL - if you own any PGD stock of course . . . . . . .
Comment by cudjo on Aug 08, 2016 11:46pm
Dear silverwhore, since your being personal, and its impossible to fix stupid, Mr Grutter is probably a nice guy, what your missing is for every one grutter PGD has, DeBeers has 20, so if diamonds smarts is what is needed, DeBeers, being the smartest kid on the block, walked away, guess you missed that, but like I said, your stupid and that is impossible to fix, two words for you Dickface, sex and ...more  
Comment by NoSkynet on Aug 09, 2016 12:40am
Hey silver , I'm choosing to just ignore cudjo. Honestly anyone that believes anything he says deserves whatever is coming to them anyways. I can't imagine anyone with any intelligence or common sense will fall for his stuff. There's really no point in arguing you cannot win against these type of posters lol. 
Comment by robybob on Aug 09, 2016 9:58am
Silver where, DeBeers has been all over the same ground, see Will Purcels blog, thanks Kodi,  and I agree that it is a dud and a waste of money, stick to Chidliak.  Keep the personal slurs to yourselves, it only shows your maturity levels.
Comment by xDeBeers on Aug 09, 2016 10:38am
The exploration business if full of geologists who think they know better than their boss or exploration team. I know about 5 geologists than have left their multinationational company to do more work on a project they think that company screwed up. I for example think that I know better than the De Beers Canada exploration team and that there are two preserved large diamondiferous kimberlites on ...more  
Comment by cudjo on Aug 09, 2016 11:29am
Thanks xDeBeers, think I referenced your post that you were confident you did not miss anything in Botswana.
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