GREY:PGDIF - Post by User
Comment by
ekimon Jun 09, 2015 1:04pm
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Post# 23811546
RE:RE:RE:RE:NAR
RE:RE:RE:RE:NAR Means Canada will not be a future and significant supplier of fancy yellow's.
this looked like the only opportunity.
Tiffany's going to be scrapping the bottom fo the barrel to find yellows in the long term future.
Diamond explorers have to make it on their own with the stones in the ground.
There is no diamond mutual fund. Some precious metals include some diamonds...but when they have fund liquditaion...guess what gets first cut...diamond stocks and non-gold stocks.
There have been a lot of new names in the diamond field in Canada. Seems like a new one or a reborn one every 6 months.
I don't think it is bad thing for plays to come, create some excitement and die and move on. The ones that are left will be standing out...including Peregrine.
The diamond world is a shrinking world....and that (IMO) is good for Peregrine Diamonds.
LONG...PGD
EKIM