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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. > ***Speculation on road...
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Comment by ekimon Feb 15, 2017 12:01pm
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Post# 25849390

RE:RE:***Speculation on road...

RE:RE:***Speculation on road...Roads that will be used post mine closure will have to be maintained by the government if they are going to be still used.

I see no reason why the all weather road will not be used for the next 100 years as an incremental segment between Iqaluit and Pang. It only gets you a fraction of the way...but it will still be used.
You could put a mini storage/warehouse/a bit of infrastructre at the end of that road...to be used for transporting items over the ice during the winter.

If that is the case, I think it makes sense for the government to get interested in the road earlier then not if they will really take over ownership of that road.

Not quite analogous, but the p*ssing fight over in Australia over the private railway lines (iron ore) I don't believe has been in the best interest of the government. Money, politics and greed.

LONG...PGD

EKIM
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