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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 Kidlapikon Apr 24, 2015 1:12pm
103 Views
Post# 23661609

RE:RE:Looks like

RE:RE:Looks like
You are definitely shaking the tree. "the behemoth CH-44." I disagree. CH-7 is much larger and more important to the PEA than CH-44. They are working in the arctic and as such are subject to weather related delays, that is simply life in the arctic. They put out an optimistic plan, the weather did not cooperate so be it. Has NOTHING to do with management at all. Management does not control the weather. CH-6 alone is a mine, CH-7 gives it a nice increase to mine life, CH-44 a little bit more. CH-6 and CH-7 are the #1 and #2 priorities so I am much happier knowing they are drilling CH-7 rather than either expanding on CH-6 or drilling CH-44 as it is less important. Not being able to drill it does not change the fact that it exists either. It is not like BAD drill results came in and now CH-44 is worthless...its still there.
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