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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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

Peregrine Diamonds Ltd.
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Comment by Longinvestor123on Jan 22, 2014 2:54am
168 Views
Post# 22118941

RE:RE:$150 per carat

RE:RE:$150 per caratI'm confused. Are you saying that a $200/carat valuation is only going to produce a .67 share price? At $200/carat the asset is worth over $3B and at .67 the market cap would be $100M. Understanding it will take up $500m to $1b to build a mine there is still an excess of $2B - not including potential increased CH 6 tonnage and other kimberlites to be validated. Guess I'm still trying to figure all this out......
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities