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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 Gauwdon Dec 18, 2014 4:43pm
117 Views
Post# 23246261

RE:Tempting

RE:Temptingwhat 'sensational' news might that be madmann? 

No possiblity of sensational news in the immediate future IMO, the 2014 ground program was small and limp at best.  We will get a better idea of CH6, and some very small sample caustics that we were promised by now, that have been put off until January, telling me they are not material or even remotely sensational. 

Reading between the lines on the last update, It my opinion they already have them, and if they were material, they would have had to release them by now.

Remember, if they can not raise the bar here soon, there is a great deal more dilution at thier doorstep to advance this further than the bulk sample this summer. 

If they do not get the sp above the warrant watershed level before they expire in April, they will need sensational news in 2015.  If the warrant issue fails, 15 cents may look expensive prior to bulk sample news late next fall.

Bottom line is if everything remains status quo as it is now, and through the January expected update, it will get uglier before it gets better. 

I will drink to your desire for sensational news, as well as to your health and well being this Christmas, (some good single malt), but I have the beer ready for January as well.

MHR


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