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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 ekimon Dec 30, 2014 7:29pm
146 Views
Post# 23273962

RE:RE:RE:An old but wise friend.

RE:RE:RE:An old but wise friend.Only one reason why we know this is going to be a mine.

Mgmt is blatantly ignoring $600 rock value between 250 metre to open at depth underneath ch-6. Drilling has already been factored into the mining phase...not the exploration phase.

IMO, they've already stripped this area from exploration drilling and dumped it into brownroots drilling.

They have no intention of ballooning the inferred resource by doing some deep drilling into ch-6 at this time.  SWY drilled 1 km deep into the ground....This is not really that deep.

LONG...PGD

EKIM

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