Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Peregrine Diamonds Ltd. PGDIF

"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

Comment by shnepson Oct 29, 2016 8:36am
93 Views
Post# 25401474

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Owning the entire Diamond Supply ChainSorry for the delayed response but I was travelling yesterday.
Just an opinion but the PEA has always expressed the next work program as being a "2017 program" not a "winter 2017" entirely. Obviously the movement of supplies/equipment to site on a winter road is of cost and enviromental importance. Yet two things stand out to me.

1. Every photo I have seen on this site they are drilling or excavating on solid ground. Unlike Lac de Gras Chidliak is generally not sitting on any lakes or muskeg, that I am aware of,  that must be worked in the winter.

2. When I personally work on an all season road orientation/build the highest factor that comes into play is topography.
a. The least amount of elevation changes.
b. The least amount of cut and fill excavation to get to subgrade.
c. The least amount and shortest of water crossings(very expensive builds. Plus maintenance and       inspections required, unless shorter than 10').
d. Locating solid subgrades ( no swamps, muskegs, water saturated glacial silt tills) which also lead     toward the least amount of frost heave. Always remember, no water - no ice lense (frost heave).
e. Finally you require the aggregate sources. Distance between sources (trucking) Type of available     aggregate (good aggregate make for good roads and less maintenance)

Build your road right, build it once and it will forever pay itself back when your not constantly rebuilding it and having longer periods where you can't even use it.
This is a bug season work.
Get the equipment there, get started. Drill the pipes this winter and get out the small amount of bulk sampling required and winter road it out. 
Hydrology, road design, plant/building foundation and all geotechnical works need or can be completed outside of the winter season. You will need somewhere to place this DMS plant but I personally don't see that coming till next winter.
They are looking to build a mine and an all season road. Certain enviromental footprints come along with this next phase of studies.
We are not just poking holes in the ground anymore trying to find something all the while tiptoeing around caribou and lichens.

That we already have.
Cheers, GLTA
<< Previous
Bullboard Posts
Next >>