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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 Aug 21, 2016 9:31pm

XDeBeers

Any thoughts on Canalaska (CVV)?

I know this isnt the board to post on however I find it VERY intriguing and early stage. They have large potential kim pipes. If even one of them makes the grade (and with 25M shres outstanding) and 30% interest with Debeers optioned interest, this could go ballistic! Not to mentionmCamecos uranium interest, Fjordlands option on another diamond firld and Canterra's (Randy Turner) option on yet another potential diamond field (Carswell).  

tia,

M
Comment by MrBigger on Aug 22, 2016 8:48am
"They have large potential kim pipes" Pure spec as they could be magnetic mud like Montello's supposed kimberlites. Given their market cap relative to PGD (about 45%) with a what $3 billion diamond deposit I would have my money on PGD.
Comment by k22k22 on Aug 22, 2016 8:50am
Here's a thought, when you have so few shares outstanding and a very small market cap, when something great happens you have tons of upside, hence the 1000 % return these lucky share holders have seen in the last few months. The name ''Debeers'' can take credit for this. Now look into our box and we have hundreds of millions of shares out and with the world knowing what PGD has ...more  
Comment by MrBigger on Aug 22, 2016 11:29am
Your right if Debeer's finds "a" diamond bearing pipe CVV's market cap will probably exceed PGD's. Even though with that 1 pipe CVV would be diluted down to 30% while PGD has 100% of several minable pipes worth about 3 billion  with proven hi quality diamonds and a PEA and 100%. Crazy but it is what it is.
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