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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 rshon Jul 13, 2015 6:29pm
104 Views
Post# 23919726

RE:RE:My thinking on Debeers and PGD

RE:RE:My thinking on Debeers and PGD
DeBeers has more than 15 other pipes around Victor, but they have so far been classified as uneconomic,ie: a lower grade than Victor without the quality.
Victor is a marginal mine right now with 0.23 ct/tonne despite its very high quality diamonds so lower grade and lower quality is a non-starter.
DeBeers was supposed to undertake a bulk sample of the best target (the Tango extension) this summer 2015. The timing of all of this might be one of those 'perfect storms'.
Cheers.
rsh.
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