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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 by User

Bullboard Posts
Comment by xDeBeerson Oct 10, 2013 6:51pm
117 Views
Post# 21808609

RE:Debeers

RE:DebeersThe diamonds will be parts per thousand in this concentrate. The diamonds will weigh 150 grams (1 carat = 0.2g) and the sampe 1.8 tonnes. Anyone seeing the sample would be unable to acertain diamond value and grade by inspection. There will be too much other crud in the sample.
There is no free look. I would not expect a press release saying "We saw diamonds in the sample but we saw of alot of other crud too". There is no value in that.
The exception to this is if there are very big diamonds in this sample. Visual inspection could indicate very large diamonds and this would be material.
Bullboard Posts