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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 schottchris1on Aug 07, 2014 1:24pm
194 Views
Post# 22818533

RE:RE:RE:RE:RE:Know what you own

RE:RE:RE:RE:RE:Know what you own
They have plunked numerour dileation holes to depth of ~200M that have crossed from kimberlite back into the granite on Ch6. They have done this to the NSE&W on the pipe.  

Sure, the pipe can snake around a little between these compass points and different depths but the pipe is .75 to 1 hectare at 150M based on the delineation thus far. This is probably how deep they will go open pit based on the .75-1ha size...maybe not even that deep.

I would like it if you could explain:

1>  The "math" that "dictates" 1.4ha is possible. Is this statistical? based on a model? BS?

2> At what depth does the 'math" "dictates" that said width woudl be possible and does the "math" discuss the economics of mining methods at this mystery depth?

Just becasue you write stuff doesn't mean it makes any sense. Wishful thinking doesn't do anybody any good when it is rooted in obvious ignorance.

This is a good story...and it will take time prove up what they have.  Just have some pateince.  
Bullboard Posts