Peregrine Diamonds Ltd. PGDIF

Caustic results out in November

[ekim]

What to look for?

--> Caustic results - BLOG

The CPT lab results is not what one should focus on.

Just read the article.

LONG....PGD

EKIM

[cudjo]

This is starting to look really weak, when the company does not follow the path they have set out themselves, see corporate update stating micro diamond results out by October, they are usually hiding something.  My guess they were less than good, and they will release them buried in a resource update to cover, see ekims note now about how meaningless caustics are ..... bull... true they can

[griefman]

Cudj, are you still long or have you bailed?  Thx

[cudjo]

thanks kodi, out now as the company is neglecting their own timelines set out only a few weeks back, a huge huge red flag for me, tax loss gearing up hard and IMO nothing you going to hear from the company regarding the summers program is going to lift this now.  No company is an island, if there was great news, IMO, this would be growing in price and volume, not happening. IMO, a partner

[griefman]

Me, suggest you would short?  Ah no, not me. Im not sure, so I won’t pretend I do, but I believe that the timeline in the presentation does not give an absolute date for the summer drill results as you have suggested they have already missed that guideline.  I believe it reads as far as the end of Nov, like Will P suggested...

[mill44]

Like with most things about PGD, you have to start this sentence with "unfortunately", too. Unfortunately, the results just increase the risk of holding PGD. They provide risks to the downside, but won't matter much for the upside. If they are good, they will give an opportunity for some to get out, but for the real longs they will be meaningless unless they come with funds. With so

[alberto782007]

Is there a delay?

[mill44]

Not really. Depends on how you look at it. You most likely, like me, would probably say that they are a few years late.

[griefman]

Is there a delay? I’m saying this in a nice way, take a look at the guideline timeline from the latest presentation and see what u see... I see sometime as far as the end of November...longish block of time mind you,  but it is there in black and white....

[cudjo]

micro diamond results by the end of Oct, see page 14, second line, updated resource statement, last half of Oct through to the first half of Dec, they have missed thier own deadline for Micro diamond results.  Doesn't matter if they are talking to a potential partner to release micro diamond results. Red Flag IMO. see: https://www.pdiam.com/assets/docs/2017-10-16-pgd-investor-update.pdf

[griefman]

What am I missing? it does not say micro diamond results anywhere on that 2017-2018 “what does the future look like slide”. it says, micro diamond analysis...are we looking at the same thing? i tried to copy and paste it but no go...

[cudjo]

kodi, guess your splitting hairs, so basically what your saying if the micro diamond anaylsis is complete, because the slide says micro diamond analysis Sept/Oct, but  the slide doesn't tell us they will "share" that info with shareholders, they are not late, technically.  So to my first point today, IMO, they have decided, using ekims terms, to be "discreet"

[griefman]

I’m sorry, I’m not trying to prove you wrong or prove I'm right, I’m just looking at what is in black and white and not trying to read between the lines, as I could boldly say that maybe you are? They have given themselves some highly dubious time frames though, so it makes it pretty much impossible to nail them down to a date of information delineation.  Not exactly investor friendly

[igalaaq]

North Arrow news release was out Sept 12 indicating that their summer drill program was complete, while Peregrine's similar news release was out Sept 21.  To date, neither have updated shareholders of the findings. https://northarrowminerals.com/news/press_releases/index.php?content_id=219 https://www.pdiam.com/news/news-releases/peregrine-diamonds-successfully-completes-2017-work

[cudjo]

to your points kodi, in black and white, analysis is on thier desk, but they are being discreet, doubious time frames, the updated presentation was released the middle of Oct, not investor friendly, thats a mouthful, this stock has been brutal for the longs, what do you think is most likely?  Micro diamond results are not important, cough cough, so they are not releasing the results, or micro

[robybob]

looking at the presentation I have to reluctantly agree with cudjo, why would they put it up if they did not intend to release the info to shareholders.   While I am not as pessimistic and do expect to see good numbers, if they only release it with a resource update, it would seem to me that it is important to give a whole picture instead of just the micro diamond results which may skew

[racer-x]

I sent a message to my friend Ellen a few weeks ago " go for it", what does she come up with but 300 meters of high grade ruby silver, I think they stiil have a stake in do27? New Nadina $.05 to $3 she is a steele eyed prospector all right

[racer-x]

I see Ellen and New Nadina have the remaining stake in DO27 that Peregrine does not own, strike at Silver Queen hi-grade silver $1500/ton, and that white silica bunker sand in Saskatuwan they use at golf courses stuff is great like hitting out of a cloud. Now with market cap higher than PGD ...

[ekim]

Pretty amazing to see a $1 million market cap company go to $55 million on sulphide core logging. No assays to market yet. Only speculation. LONG...PGD EKIM

[griefman]

The move in NNA’s SP IS NOTHING SHORT OF BEING TRULY AMAZING. As Mike has pointed out, the speculation is the driver, and with Pgd the specution is geared to how and in what form will the company raise funds to move forward and folks are very nervous and worried about the various prospects that will lead to the SP being eroded, again, by further stock dilution, thus keeping it down. I think we

[racer-x]

NNA no assay or tonnage yet but say 10 million ton and $1500/t with shrs out lot more than $3. PGD makes sense Ddc and WashCorp as partner WC has sea land transport and reclaimation and Ddc has the business set up and we could give the DO27 get it off the books before we spend more money on it

[griefman]

I’m not sure one could have an intelligent conversation about a maybe if and maybe if, without proof that they have, and are purposely holding back info because the results are poor or maybe there is another “good” reason. I know that this is your conclusion and opinion Cudj because you read the timeline one way and I read it another way.  Maybe they are in finale talks with a potential

[racer-x]

If blank they would have notified that is material, delay is there are so many diamonds cannot count them all that fast and potential partner wants to be in the loop and to approve ... is that possible?

[racer-x]

Have to plot it on the curve what he meant in the blog very important. 5 ct/ ton is my guess with a lot of 5 ct size stones

[ekim]

We are talking about micro analysis here...not macro analysis. Based on the statistics... we should see a 5 carat or greater single stone in a roughly 160 carat parcel from CH-6. They are by no means sending in every bit of core to the SRC that was drilled this year. They are sampling...meaning theat they are sending in a quantity of core extracted every 10 metres. The caustic samples