Peregrine Diamonds Ltd. PGDIF

Diamond guy goes for Gold

[oiltar]

From: james flannigan	7/19/2016 10:51:57 AM
	of 13387
Diamond Guy Goes For Gold Randy Turner who was CEO of Winspear Diamonds sold to Debeers now has a new gold project Independence Gold IGO right next to KAMs Coffee deposit sold to Gold Corp for $520 million. I had a good conversation with Randy late last week about his new venture.The interesting part is KAMs management thinks the Deposit extends onto the IGO ground.So does Gold Corps GEOs who have been on the property.Gold Corp is so keen on the project that they funded a good part of IGO bank account currently at $7 million.Not only that but they have first rights on any sale and the option to buy more IGO stock on any new financing to keep it ownership at 19% Gold Corp is not the only company holding shares of IGO but so is New Gold.Some may remember that Randy got ground under the Silver Quest name for $50,000 and shortly sold Silver Quest for $160 million.Investing with Randy is much better than buying lottery tickets. There is strong evidence that a large ore body is present with a few discovery holes drill in Nov 15. A strong hit produced a intercept of 42. of 4.5gt average in the hole.IGO is going to drill target starting this week.A strong drill hit would send this $15 million market cap soaring. Gold Corp has told IGO money is no object drill the hell out of it. Just ahead up for diamond investors who knows Randy is a wealth machine.He intends to prove up a large ore body and sell it. James