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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 11:14am
98 Views
Post# 25401729

RE:RE:RE:RE:Prediction

RE:RE:RE:RE:PredictionCudjo, as I stated it is not a wnter program entirely. Bulk sampling is budgeted at $9.6 mil, with $5 mil in the bank that leaves a $5mil financing required for the "winter" program.
And always remember. Quote "Due to continuing negative conditions in the capital markets, opportunities to generate financing with acceptable terms for Peregrine at this time are limited. The scale of future programs will be modified accordingly and at all times will ensure that security of property tenure is a priority." Last line of the MD &A.
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