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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

Post by schocoron Jun 10, 2015 11:27am
111 Views
Post# 23815738

Fancy Yellows - Plenty of Supply - Near to Mid Term

Fancy Yellows - Plenty of Supply - Near to Mid Term
To the extent that it is possible - Canada will be swimming in fancy Yellows over the next 5 years as the existing mine in Canada where those came from goes deeper and recovers more.

"Fancy" Yellows are usually associate with "crummy" yellows - well they are actually associate with Nirtogen, but the nitrogen created fancy and crummy Yellows in the same pipe. That was probably NAR's finding when they looked at their parcel - one or two nice stones...lots of crummy off colored stones.

Its all about clears. Peregrines parcels look pretty good to me...thus far.



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