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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. > Every time I doubt
View:
Post by oiltar on Jan 05, 2017 12:47pm

Every time I doubt

About how its been such a long haul as a PGD shareholder I refresh Pierre Lassond on his take on diamond deposits were he says "a diamond deposit is 1000 more times rare as a gold deposit"

Then I scan the diamond exploration business and stack up the failed exploration busts.Then a picture emerges that Chidliak could very well be what Ray Golddie stated a few yrs ago that Chidliak is the most important diamond find in the world.

Then with todays NR about diamond majors knocking at PGDs door post the PEA I get a warm feeling as a PGD shareholder were a new diamond discovery has not been found economic in 20 yrs and sleep well knowing Robert is going to auction off PGD to one of the highest muliple bidders likely sooner rather than later.WE MUST NOT LOSE SIGHT OF WHAT HAPPENED TO PGM over night.
Comment by griefman on Jan 05, 2017 2:10pm
Lssond very smart guy....
Comment by griefman on Jan 05, 2017 2:13pm
Ops, my apologies, I forgot the a in Lassond, sorry, grey moment, haha...
Comment by Silverwhere on Jan 05, 2017 2:25pm
and an e . . . . . . https://www.google.com/search?q=pierre+lassonde&sourceid=ie7&rls=com.microsoft:en-US:IE-Address&ie=&oe=&safe=active&gws_rd=ssl
Comment by cicerelli on Jan 05, 2017 2:36pm
Maybe im getting old, SW, but I can't open these links on my iPhone. I understand the lassonde curve, but maybe, could you paraphrase this for us, please? 
Comment by griefman on Jan 05, 2017 2:41pm
Oh no, try copying and pasting instead into google...hope that works
Comment by Silverwhere on Jan 05, 2017 3:01pm
Hey Dino, Im at work right now & only have lousy Internet Explorer which does not work with Stockhouse formatting. Brutal. Anyway, it is best right from PL himself . . . . here . . . . . DC: When you were with Franco-Nevada in 1998, you bought a big chunk of Aber Diamonds (now Harry Winston Diamonds [HW-T, HWD-N]), which had a 40% stake in Diavik. (Franco bought a 9.6% stake in Aber at $9.35 a ...more  
Comment by cicerelli on Jan 05, 2017 3:42pm
Thanks SW, My investment strategies include this to a large degree. We are in the FS, mine building phase, as far as the chart goes. Not as far as public news releases go, but for the speculative investor, there is a mine here, and likely a very profitable one, but the chicken cannot be placed before the egg, here, so there is still a high risk to a little guy. One round of dilutive money raising ...more  
Comment by griefman on Jan 05, 2017 3:49pm
Dino, I certainly hope all you dreams come true and your astute investing will reap great monetary rewards in the near future....
Comment by Silverwhere on Jan 05, 2017 4:13pm
Absolutely cicerelli still high risk but my thinking is this entry point for a JV or Strategic Investment, a merger, whatever, man, talk about high reward ! ! ! The question is . . . are the F Bros going to take this one all the way to production . . . . . They BOTH know that is where the somewhat parabolic rhino horn shaped gravy boat awaits those with the far sighted vision. My uneducated guess ...more  
Comment by griefman on Jan 05, 2017 2:38pm
Ooo, u r absolutely correct Silver, looks like James did as well, oh well no faul, no harm...
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