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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. > shock
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Comment by schocoron Nov 17, 2016 5:14pm
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Post# 25477683

RE:RE:RE:RE:RE:RE:shock

RE:RE:RE:RE:RE:RE:shockI have 95% faith that DO27 has monetary value. Diavik only has a few years of ore left and then an empty mill; DO27 has good economics provided the only infrastructure you have to build is a road and bridges. Its really a question of WHEN, not IF in my mind. Given the permitting etc required to being on a new pit I could see this happening sooner rather than later...but we are most likely talking years all the same. I am pretty sure the sale/acquisition of DO27 will be a part of a larger shakeup/condolidation in the NWT/Canadian diamond mining industry though.
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