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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. > Owning the entire Diamond Supply Chain
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Comment by Kidlapikon Oct 27, 2016 5:12pm
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Post# 25395247

RE:RE:RE:RE:RE:RE:RE:RE:Owning the entire Diamond Supply Chain

RE:RE:RE:RE:RE:RE:RE:RE:Owning the entire Diamond Supply Chain
Hey I msg'd PGD basicalling just asking WTF is going on and I got this in reply today:

The 2016 PEA which is publically available on SEDAR outlined a 2017 program at Chidliak which would include additional bulk sampling and deep drilling at CH-6. Geotechnical drilling for advanced pit designs is included as is additional metallurgical/engineering design work.  The total cost of the planned program is approximately $15.5M. Details are being finalized now and once completed the company will make a public announcement.

 

Sincerely,

Peregrine Diamonds

So just like everybody is thinking, wait to see what the deal is. Place your bets. Awesome JV? Shitty Private Placement? Rights offering again?


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