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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

Post by ekimon Apr 21, 2017 12:26pm
137 Views
Post# 26149165

KDI results out in 2 or 3 weeks

KDI results out in 2 or 3 weeks
I perused the latest presentation on the KDI site.

Didn't realize how deep the faraday pipes were...and under a small lake.

Faraday 1 and 3 start at 600 metres below surface and Faraday 2 starts at 300 metres below surface.

Operating costs per tonne at Faraday would be a good uptick higher then Kelvin.

Chidliak will be drilling down to 500 metres this summer...maybe deeper?

Will 2017 end with the pecking order of these two companies put in their appropriate places?

Chidliak could come up with a next size up PEA and KDI may still defer a basecase PEA yet again. Eventually something has to give.

LONG...PGD

EKIM
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