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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. > Does Anyone Question that This Will NEVER be a Mine? WHy
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Post by schocor on Mar 06, 2017 5:56pm

Does Anyone Question that This Will NEVER be a Mine? WHy

Open question to those on the board - does anybody think this project will NEVER advance to be a mine? Why is this your view? Thanks appreciate all opinions. Only an idiot would attack your informed viewpoint because it does not agree with theirs.
Comment by ekim on Mar 06, 2017 6:07pm
I won't be the devils advocate here..but it sure is nice to see no naysayers here today acting aggressively toward the news release....at least those I don't have on ignore and I think I only have one active member on ignore. Keep up the good work all! Nice to see a news release heading into PDAC...I don't believe anyone here expected any different? Don't expect a Discounted ...more  
Comment by Kidlapik on Mar 06, 2017 6:10pm
As a Nunavut resident and frequent traveller to Iqaluit, as well as a (reasonably) well informed investor in the Canadian diamond field, No I do not. It has been my view, and continues to be my view, that one of the primary reasons this stock stays low is geography. The overly inflated perceived risk due to location. Iqaluit wants this, Inuit want this, Nunavut wants this and the Federal ...more  
Comment by cudjo on Mar 06, 2017 6:44pm
the question should be when, not if, the setback announced today, and I call it a setback as another year has been wasted, only means deep pockets are not interested at this point. What today means is the float will be even more bloated, sorry kid, geography isnt the only reason this is where it is. There is some very nice diamonds in 6, at this point it is tiny, drilling will help prove it out ...more  
Comment by mill44 on Mar 06, 2017 11:30pm
I don't think that it's the location, either. For us, the shareholders the when might be the point, but maybe not when this will be a mine, rather when will the market decide that this will be a mine for sure. Today could have been the first step in that direction. Cudjo, you will have to give it a few days before making a prediction about the price in June. I would agree with you that ...more  
Comment by oiltar on Mar 07, 2017 7:07am
No one day this will be a mine.But we must view the NR as a" set back move forward". It is clear that a major producer is not willing to put up the money for the needed winter program to keep this project on its said timetable.I have always thought due to the market ignoring the data as JK pointed out on BNNTV yesterday that this project needs a major to get involved.I still do.But from ...more  
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