Post by
Silverwhere on Aug 23, 2017 9:07am
from our "MIA" diamond geo soldier
To all PGD Sideline Sallies
Kindly READ this beautifully phased paragraph from our "Missing In Action (MIA)" diamond geo soldier:
Tom Peregoodoff, Peregrine's President and Chief Executive Officer, commented: "We are extremely pleased with the drill results to date. It is especially encouraging to see that DD38 confirms the result from DD33 and that the CH-6 kimberlite is expanding in size with depth. This additional kimberlite material could provide a significant uplift to contained carats as we look to recalculate the resource later this year. In addition, hole DD39 confirms the high grade (average 2.45 carats per tonne) CH-6 pipe continues at depths below 500 metres and provides future resource expansion opportunities. Drilling continues and with these results we are confident that we will meet our objective this year of expanding the CH-6 resource below the 260 mbs base of the current Inferred Resource."
Comment by
Silverwhere on Aug 23, 2017 10:06am
“beautifully phased paragraph”? - LOL - phrased. This temporary share overhang does not faze me at this phase.
Comment by
racer-x on Aug 23, 2017 11:51am
Safe to say 25 million carats in phase 1 and 25 million in phase 2 or more, WashCorp/Dominion comes in as partner funds high margin fast payback gets 50 million carats or more to process what they call a no brainer ...