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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. > It sold for $120 million
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Comment by Fivecaraton Apr 06, 2015 11:13am
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Post# 23600248

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:It sold for $120 million

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:It sold for $120 millionAgree Mill, would we not rather have an evaluation on what is consisistantly mined than the odd fancy or bohemith large stone that could be interpreted as a fluke?  As an investor in a diamond  stock, I want to see the consistent bread and butter product rather than the occasional possible fluke that could sku the valuation in the short term, it's almost like legal salting if you know what I mean.

Its the 1-2 carat good to great quality stones that Canada is famous for and that's what I want to see, but of course, it would nice and probably required by the market, to see the truly larger stones make their appearance once in a while to sparkle things up now and then, plus add to the bottom line. I'll take a fancy once in a while as well...
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