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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 ekimon Dec 08, 2015 12:57pm
108 Views
Post# 24365514

What if CH-7 is a complete bust

What if CH-7 is a complete bustPeregrine Diamonds has already given a green light to the PEA.
But what if CH-7 is a complete bust? Hypothetical of course.

Maiden resource @ ch6 = CAD$1.5 billion = NO PEA
Jan 2015 resource @ ch6 = CAD$1.9 billion = NO PEA
1st qtr 2016 resource @ ch6 = CAD$2.5 billion = PEA

With or without CH-7, CAD$2.5 billion will add a lot of meat to a PEA.

-- Value Matrix - Chidliak

No matter how hard you try...you can't take the fundamentals out of CH-6.

Let's see if CH-7 can add some potatoes and Domain 5 will be the gravy.

LONG...PGD

EKIM
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