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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. > TSX-V
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Comment by ekimon Dec 09, 2014 6:18pm
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Post# 23212586

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TSX-V

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TSX-VThe biggest number that Peregrine has to promote is rock value.
$600 per tonne is top tier rock value.

Unfortunatley NI 43101 forbids any reference to insitu values and that would include calculating a rock value. Australia is a bit more leanient..but Canada is extremely defined.

So, you are left with trying to promote the 2 seperate numbers (grade and value). The whole is defintely better then the parts in this case.

The grade is comparable to few projects/mines out there and the value is comparable to a few projects/mines out there. Rock value is comparable to a very rare number of projects/mines.

Hands behind the back.

You have to live within the post-Bre X era and here we are.

LONG...PGD

EKIM
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