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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

Comment by xDeBeerson Dec 07, 2014 10:57pm
121 Views
Post# 23204921

RE:RE:RE:RE:50 million carats

RE:RE:RE:RE:50 million caratsExactly ekim. It could still get to world class of course, but we would need one more CH-6 like find and ALL of the pipes in the advanced exploration phase to come online. The number of carats in the advanced exploration phase is in one of the recent presentations. I don't think they made it to 50M carats (yet) even in the conceptual plan.
Once a mine is operational it costs a LOT less to find and assess the other diamondiferous pipes.
We just need enough carats for a mine of any size and take it from there.

I also like the metals upside. They have some very good gossans in their tenement.
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