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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 Kodiboyon Jan 13, 2016 4:08pm
103 Views
Post# 24455421

RE:RE:CH-7 Diamond valation speculations

RE:RE:CH-7 Diamond valation speculationsMike it is coceivable that the "better" diamonds collected will in some ways cancel out the "poorer" ones, but isn't that almost always the case?  Does not the valuation success or failure depend on the valuation of the "better" diamonds?

If they had found one, only one 20c flawless stone, wouldn't we be purposing, "fluke"?

Remember way back when, then Ashton, I think they were still Ashton at the time, discovered that about 4c nice visible diamond in a drill core and how the market reacted to that?  I believe it is still on display in their offices somewhere, intact in the core and was never valuated, and at the time many were stunned that they didn't include it in the sample!


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