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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. > Looks like Allan is taking
View:
Post by oiltar on Sep 28, 2016 5:59am

Looks like Allan is taking

A krap on PGD.He does not like PGD and implies a massive new issue.I have not been able to figure out why the PEA lowerd the share price some 33% lower off its 30 cent high post the PEA? But if Allan is right then that would very likely be the reason the market is factoring in a massive issue to fund the $15 million exploation program.

On a permitting noted here by me using SBB as an eg) a few weeks ago I was tard and feathered by suggesting permit problems.

Well it seems Allan thinks permits are a no go:

To: Cayerman who wrote (13880) 9/27/2016 9:36:49 PM
From: AllanBarryReports of 13881
They got a lot of everhang and will need to add a ton more if they do any work this winter. Based on their ambitious plans, some serious work on roads and permits need to start soon. Way too much stock out and I suspect they will have permitting issues as well.
Comment by Kidlapik on Sep 28, 2016 9:39am
PGD is on CROWN LAND, not Inuit Owned Land like Sabina. I highly doubt Allan has spent a day in the North and I doubt he understands the dynamics. Totally apples to oranges. Also, the primary reason Sabina got the no-go was it was on caribou calfing grounds. A total of 13 caribou have visited the Chidliak site since 2008 compared to the herds of tens of thousands across the tundra in and around ...more  
Comment by mrrbc on Sep 28, 2016 10:39am
Thanks Kidlapik, I'll take your reasoned feedback over AB's less thoughtful dribblings.
Comment by ekim on Sep 28, 2016 12:30pm
Relevant to the crown land comment. Tustle over at Hope Bay with regards to who gets to hold the clean up bond (in the form of a guaranteed line of credit). KIA or INAC --> Clean up fund - Doris North Chidliak being on crown land...means there is no such equivalent to KIA to create these issues as well. LONG...PGD EKIM
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