RE: Peregrine Diamonds RTOIf this year’s bulk sample confirms grades of 1 cpt from 2005 drilling program, and valuation are also increased, they will decide on major bulk drilling program and pre-feasibility in 2006.
This will alleviate concerns that Peregrine if overvalued, and this play will jump into the spotlight.
Right now maybe some profit taking going on, but just watch what happens when they start the drills and speculation for results by PDAC.
GL in 2006