Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by ekimon Mar 28, 2015 9:18pm
174 Views
Post# 23573626

Couple more items from the AGM

Couple more items from the AGMMy memory of the event is slowly coming complete.

I've updated the AGM blog...but will indicate it here as well:

THE heli RC drill rig did pulverize some of the larger diamonds to little bits, fully dependent on the kimberlite itself and how it just handles through the process.
It was mentioned the LDD unit onsite now will have a lot less breakage because it is significantly wider and the rocks coming up through the middle will be more 'chunkier'. I suspect there will be some breakage..but not that much. Personally, I'm going to consider anything that says fragments of diamonds in the results to mean that they probably were damaged in the actual extraction.

On the other note, I asked about the 0.85 mm sieve and how De Beers processed it at 1.00 mm..which forced PGD to report at 1.18 mm or at least focus on that sieve.
They basically said they were happy to focus on the 1.18 mm and will do so going forward as they are moving toward production and not just a continued exploration project. In a production scenario, they indicated that a lot of times the 1.5 mm sieve is used. Obviously the bigger diamonds will maintian the most of the value.

Anyway, 2 more points for your pleasure.

LONG...PGD

EKIM
<< Previous
Bullboard Posts
Next >>