GREY:PGDIF - Post by User
Comment by
cudjoon Apr 02, 2017 12:06pm
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Post# 26064771
RE:From Will P
RE:From Will Pthanks kodi, pretty dismal outlook, the last is the most telling,
"
Peregrine is vaguely hopeful that its drilling will encounter a similar amount of kimberlite and diamonds -- but the company cannot ascribe any tonnages or grades to what it deems to be "conceptual" rock.
If Peregrine's concept bears out, the company is likely to add an underground component to its CH-6 mine plan, which it is likely to roll out in a revised preliminary economic assessment later this year. In the meantime, Mr. Peregoodoff and Mr. Friedland are likely to continue talking with anyone who will listen, but Peregrine's name crops up less frequently these days on the market's rumour mill"
market doesnt invest in vaguely hopefulls, if's, anyone who will listen and less. Pumpers have to get ready for another huge discounted rights offer, and another wasted year, under a dime, millions more shares in an already huge bloated float all for vague hopes. Really shows why Eric doesnt even bother to attend his own AGM's, what a po$