Peregrine Diamonds Ltd. PGDIF

Last PEA PGD closed at 24 cents

[MrBigger]

in July 2016

Now we await an updated one and we are at 12.5 cents and 440 million shares. The beat goes on. But at least there is a beat.

[Kidlapik]

Yea and IVN use to be at 0.56....Friedlands are not in the habit of losing money.

[myview1]

I would agree, here is another one Friedland owns I believe 64% of, and they will start their copper/gold drilling soon, final permits expected any time, KZD, nobody is paying much attention to this one jut as it was with IVN.

[Kidlapik]

And the projects KZD have are well below industry grades for their sector and mostly in reasonably politically uncertain areas (Peru). Yet it still has a comparable market value to PGD which has industry beating grades, just proved up a minimum 20mil carat resource and is a politcally stable and supportive jurisdiction. The risk reward on this at 0.12c is pretty significant. Even if you believe

[cudjo]

actually, until they get diamond results they have proved up nothing but kimberlite kidlapik, also, your correct about politics but remember Chidliak is at the end of the world, sorry, I know your a great citizen of the north, but mining in the north with very little infrastructure isnt cheap or easy.  No catalist here for any share price movement for a while now.  Good luck.

[cudjo]

the only way your going to get any kind of up lift to a potential new PEA is great diamond results, may see some speculating bubble leading up to that starting around end Oct into Nov, will be pretty dull until then, ignore the pumping, they all told the board that drill news would light a fire, see WP notes on being quiet on the last 7 drills, silence is not golden....maybe able to get some below