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."

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Peregrine Diamonds Ltd. > From Seekingalpha - Rio and Diamonds

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Comment by justanormalguyon Dec 08, 2016 7:37pm

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Post# 25574887

RE:From Seekingalpha - Rio and Diamonds

And the article from Bloomberg...

https://www.bloomberg.com/news/articles/2016-12-08/rio-s-ceo-wants-to-buy-diamonds-but-finding-them-won-t-be-easy

justanormalguy wrote: No mention of PGD or other pure plays, but nonetheless a nice statement about future supply. Hey Rio, we got some nice ice diamonds, talk to the brothers.

"Even if Rio resorts to exploration, new deposits are so hard to find that most of the industry, which has spent $7B in exploration since 2000, has all but given up."

https://seekingalpha.com/news/3229603-bloomberg-rio-tinto-wants-buy-diamonds-easier-said-done