GREY:PGDIF - Post by User
Comment by
Irishpotluckon May 16, 2017 12:11am
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Post# 26248050
RE:RE:RE:RE:RE:8 yrs to production
RE:RE:RE:RE:RE:8 yrs to productionTom also Quoted "Peregoodoff says there is an opportunity to access federal infrastructure funding to help build the $95 million dollar road."
link >> https://www.cbc.ca/news/canada/north/peregrine-diamonds-all-weather-road-1.3677026
If one knows the north he was probably presenting if funding doesnt come PGD will take eight years to build a road alone !!
when one digs into the liberals budgeting>>>but harper was spending big on the north too
>>>Part 2 2017 Budget
>>>Phase 1 of the Government's infrastructure plan included $11.9 billion to be invested over five years, starting in 2016...(note not much for roads im guessing but )
>>>the Fall Economic Statement committed an additional $81 billion in infrastructure investments, starting in 2017–18...(im guessing theres road monies here!)interesting read on govt spending
---https://www.budget.gc.ca/2017/docs/plan/chap-02-en.html?=undefined&wbdisable=true
I would suggest that PGD at worst will be on the hook for 20/25% of road expense which is a 50/75 million discount off the 95 million cost. dont forget TOMs reference on chidliak more or less being a brownfield now.....i assume this means DEBEERS has no other choice of a brownfield!
Respect to all who post thanks.....