Peregrine Diamonds Ltd. PGDIF

Ho w wrong am I?

[ntagain]

Mike, I am having trouble with where we are at with the winter program and this new enthusiasm over adding Chanta Gosselinl to the mix. It seems to me that Tom's been the front man chasing down a partnership or whatever. So if we are this close to a deal, which would mean the work is set to begin, this would not be the moment for them to move him to the other side of the aisle, even half time. As to Chantal, surely we cannot realistically expect her to instantly have the solutions we are looking for as far as new deep pocketed JV friends. Maybe a couple of months or more but not now. I am beginning to think that this is going to be mothballed. No winter program at this stage. Mike, in your estimation, what is the latest they could practically get funding and the OK to start? Just a thought. Hope I am wrong. No experience to back up my thoughts so looking for anyone of you folks to tell me why I am out to lunch. Thanks