Peregrine Diamonds Ltd. PGDIF

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

[Kidlapik]

Great post Schneps. If I had to take a stab at it I would say you have worked in the NWT in the mining industry?

Also I just want to say once again that caribou will not be a problem with this site. Iqaluit is the capital and very "metropolitan" most folks do not hunt like the hamlet folk do. Also over the course of several years of caribou monitoring only 13 were ever spotted. 13 may as well be 0, if you take a community like Rankin Inlet on the mainland they regularly get herds of thousands and everybody goes to get a caribou, much like the Eastern folk go to get a moose every year. Not so in Iqaluit/Pang. Most folk there, if they do still hunt/fish, go for seal/whale/goose.

Caribou not a problem like with Sabina, the mine plan is 100% on Crown Land not Inuit Owned land, the proposed road is a huge benefit not just to PGD but to the Iqaluit/Pang/Nunavut community due to it being along the traditional "Pang trail" which EVERYBODY would love to have as a road.

We are at 0.21c, I have kicked in on this at as low as 0.10(rights offering) and as we appear to be nearing another financing I am preparing. If its a rights offering(possibility but I dont think high) I will be ready, if its a private placement(I think likely) then it may come with a big DOOMS DAY drop due to people wishing it was a white knight and I will be ready also. No chance im giving up my shares of this MINE before I see it happen just have to maintain your % ownership and average down effectively IMO. Though I am a long term investor and not a trader.