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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 ekimon Jan 13, 2016 4:17pm
115 Views
Post# 24455463

RE:RE:RE:CH-7 Diamond valation speculations

RE:RE:RE:CH-7 Diamond valation speculationsValuation is always top weighted to the top few high quality stones.

Kind of like the 80/20 rule.

80% of the value will be contained in 20% of the stones.

Gahcho is riding the wave of a single stone.
If they hadn't found that single stone...it might still be on the shelf.

But you are right..if the population curve doesn't support a big stone in a small sample...then a fluke it is.

No flukes at CH-7 or CH-6.

Ice will need to pay the bills.

LONG...PGD

EKIM
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