Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:RE:RE:Plan B and C

[ekim]

Thanks!

It gets even better.

China can slow down because of lack of demand and ample supply.

However, in my lifetime, I believe we will firmly see a slowdown in China or India because of lack of supply.

If you have heavy demand, you find supply. It is the cycle. But what if finding the supply takes so long that it will never catch up to demand. Demand has to fall no matter what price it is willing to pay for that supply. It can't make stuff out of nothing.

This is the concept that I have believed in since the GFC.
You destroy greenfields exploration, you make this concept a reality sooner then you would like.

Throw in the fact that it takes 10 to 20 years from initial greenfields discovery to commercial production at a new mine?

The only bit of good news that I have seen in the last decade is that they have actually modelled the world's population to peak at 12 billion people. Didn't think they would actual model a peak.

With a finite population...you may be able to try and find balance in the world. Still a few billion short of balance though.

LONG...PGD

EKIM