GREY:PGDIF - Post by User
Post by
Fivecaraton May 06, 2015 10:52pm
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Post# 23702611
From Will P tonight from Stockhouse
From Will P tonight from Stockhouse Eric Friedland's Peregrine Diamonds Ltd. (PGD) fell two cents to 31 cents on 240,000 shares. Peregrine spent much of the spring drilling several mini-bulk tests at its CH-7 pipe at Chidliak on southeastern Baffin Island. Now it is hurriedly drilling a new hole at CH-6, and perhaps one at CH-44 if the cool weather holds. Peregrine wants to build its tonnage estimate at Chidliak and get enough diamonds for a worthwhile valuation, in order to prove the rich play can support a mine.