Peregrine Diamonds Ltd. PGDIF

RE:RE:My Take

[k22k22]

Diavik took 12 years from staking to production. PGD acquired Chidliak in 2007, can't really compare apples to oranges but it's just to make a point that they are more or less on track from an industry standpoint. From 04-07 they put a lot of focus on DO-27, now that focus is on Chidliak. DO-27 is in the same area of Diavik so that prospect would meet a comparable timeline. Baffin Island might put up some challenges to meet the same timeline so from where I sit I think they're doing pretty damn good. If you take a 6 hour flight you don't stand up mid Atlantic and say please let me off now, you get on the plane knowing that it's going somewhere and you just live with the turbulence. If it crashes then to quote Keynes, "We're all dead anyway!"