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Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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

Peregrine Diamonds Ltd. > NR - RASIED 5.64 Million >>>>>
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Comment by ekimon Jan 28, 2016 11:55am
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Post# 24501863

RE:RE:RE:RE:RE:RE:RE:NR - RASIED 5.64 Million >>>>>

RE:RE:RE:RE:RE:RE:RE:NR - RASIED 5.64 Million >>>>>We had a big clue of no more exploration when they didn't use the heli-RC rig last summer.

It is used to delineate the overburden..Already done that at the 3 pipes...and also to find out if anomalies are kimberlites or not.

All focus will now be on what tonnage comes out of ch-6/7 at the end of March and what opportunties exist for converting more tonnage in july/august.

I believe the breakage for the LDD hasn't changed the stones in the ground..but it definitely did not help the rights offering...and I agree with greex that the wording in the press release could have been different.

That may be the result of the staff being highly technical/academic and really no IR department to dumbdown the facts for the retail investor.

LONG...PGD

EKIM
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