Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:Level 2 depth anyone?

[ekim]

Yeah, work is getting in the way.

Haven't spent enough time on that techncial report as of yet either.

If you go back to the previous technical reports...they all have recommendations for future work.
Pretty standard.

This can be decided by the internal QP or the external QP..but probably more likely a combination of both.

In the past...a lot of those budgets or programmes or deferred or eliminated or acted upon.

For eg. The original CH6 bulk sample was recommended to be a LDD RC drillhole campaign..but once De Beers came onboard..they programme shifted to an onsurface trench programme...Probably a good move.

They still have the CH46 trench programme to do..but that wasn't included..so obviously deferred. The return on that programme might not occur for 2 years or maybe even 3 years.

So, yes I think they had to disclose some sort of recommendation...but probably didn't have to be as specific as they did. I guess it shows the investor and/or future investor that there is a plausible path forward in the project.

LONG...PGD

EKIM