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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 schocoron Feb 22, 2017 10:40am
118 Views
Post# 25876919

RE:From JK

RE:From JKSmall diamonds are DOA, but 2-3 carat stones are not small diamonds. Small diamonds are the type that get 4-6 facets when polished - walmart Jewllery - that is produced with a .8MM sieve size. Thre might be 150-200 per carat. PGD deposits do not have a disproportionate number of these by any means. Hence the hefty ~$152usd price per carat. You say only those looking for type 2 (a) diamonds are getting funding? What on earth do you think are you talking about there. Are you implying that it is because of the higher finish/polish weight to raw stone ratio? This statement makes literally no sense. Polishers to not demand Type 2 stones disproportionately to other types. Raw shape might be a factor - formation characteristics is not. Diamonds demand will not disappear tomorrow. Producing diamond mines have a shorter life span than the worlds demand for diamonds.
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