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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. > IN SITU RESOURCE OF $5 B... maybe
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Post by angryolman on Dec 12, 2017 10:13pm

IN SITU RESOURCE OF $5 B... maybe

The argument was made many moons ago that Chidliak was too small for consideration by most majors. Now it's less small. So, the argument is: will another dime make it even less small? NPV is ridiculous because we are trading at a market cap that I'm guessing is less than our losses for tax purposes.
Comment by racer-x on Dec 14, 2017 4:01pm
You may be confused when we say 50m-ct in ph-1 thinking $50/ct that's $2.5b, but at this mine it is $200/ct ... $10b ... $5b npv
Comment by lovecarats on Dec 14, 2017 5:49pm
Now $10 Billion insitu!! This ain't April Fools day buddy; it's Christmas. But methinks you and your Tom foolery... HA HA HA HO HO HO LV
Comment by shneps on Dec 14, 2017 6:13pm
It's actually James Jr. At least Oiltar statements, all be inflated, have some factual base.
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