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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 ekimon Feb 25, 2017 3:04pm
142 Views
Post# 25893755

RE:RE:Underground focus

RE:RE:Underground focusThey know the pearls are there.

It is pure economics.

If you want to extract 2000 carats out of one of the pearls...it is going to cost $$'s.
You would gain some NPV...but spending more $$'s on CH-6 proper and deeper will give you a lot more NPV bang for the $$.

That is it.

When they have the LDD RC Drill onsite and a mobile DMS unit installed...I would imagine they will be putting some holes through the pearls...but not before.

LONG...PGD

EKIM
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