Peregrine Diamonds Ltd. PGDIF

KDI results out in 2 or 3 weeks

[ekim]

I perused the latest presentation on the KDI site.

Didn't realize how deep the faraday pipes were...and under a small lake.

Faraday 1 and 3 start at 600 metres below surface and Faraday 2 starts at 300 metres below surface.

Operating costs per tonne at Faraday would be a good uptick higher then Kelvin.

Chidliak will be drilling down to 500 metres this summer...maybe deeper?

Will 2017 end with the pecking order of these two companies put in their appropriate places?

Chidliak could come up with a next size up PEA and KDI may still defer a basecase PEA yet again. Eventually something has to give.

LONG...PGD

EKIM

[mill44]

KDI won't make a difference in PGD, at least not a positive one, even if drops to zero. Not unless you convince Dermot to switch teams. Maybe your blog should be more targeted.

[cudjo]

KDI has zero bearing on this stock, zero.  Only one or two thing is going to help here, defining 6 to 500 meters without it naturally narrowing and proving grades similar to the bulk sample taken from the top a couple of years back.  MAYBE announcements this time next year, MAYBE.  Then there is the financing for the summer.....and millions of more shares adding to the dilution

[Silverwhere]

Yuuup, little PGD princess cudjo's rent is almost due again. Same old song & dance, over & over. All quite repetitive and boring by now Nurse. Looking to fiiiinnnnaaaallllyyyly make that 150 bucks there little princess? Sure . . . What kind of a useless short hangs around a stock like this? How come cudjo is not out making MEGA SHORT BUCKS on VOLUME stocks, on HUGE ETFs? Because he is

[Silverwhere]

What's wrong princess? You can't handle the TRUTH + can't handle some of YOUR own sad sack medicine? Too funny. "Good luck" DB.

[griefman]

Disagree with Mill?  Gee I wonder what Millski will say?  Oh right, I'm right, you're wrong.... Plus, can someone ask Millski what he means by saying to Mike that his blog should maybe be more targeted?  What's with dat?

[Kidlapik]

I disagree with you Mill. KDI is the best comparable company to PGD presently as far as assets, location and stage of development. It is incredibly relevant to PGD.

[mill44]

Kidlapik, I don't think that the market cares enough to compare PGD to anything. If it did, you most likely would be right. I am sure that Ekim is as puzzled by KDI's valuation as he is by PGD's, but maybe he should not be. Dermot spent over 2.5M on the open market just this month to support KDI's price, so it is fair to say that the SP is not really the market's value on the

[ekim]

I think the point mill is that PGD, SGF and KDI are the only legitimate projects that have any shot at getting into production...whatever ones opinion on each is....every single other project in Canada is garbage right now. Potential and nothing more.  LONG...PGD EKIM

[mill44]

One company's success might attract attention to the other 2 but one's failure will not help the others and I am sure that you are not expecting KDI to do too well. In PGD's case yes, the potential is there, but also the risks. The company has to surprise the market with something to realize any of that potential.

[lovecarats]

Mike, from what I see both Kelvin and Faraday basically subcrop and the bulk of the kimberlite is not more than 200 metres below surface. Not sure where you got your impression of 300-600m depths. Bulk sampling 300-600m depth would be incredibly costly. Better check your perspective with a clear head. Cheers. LC

[ekim]

You are right LC. I can see where anyone would make the mistake. Page 20 of the presentation --> Q1 Presentation They lumped water/overburden together and country rock seperate...and the water/overburden is a cumulative number...not a single depth number. They also use meteres instead of metres on that page. They also cut off the'm' on the far right. It is a very different