Peregrine Diamonds Ltd. PGDIF

RE:Tripping...institutions/analyst....they all tripping on POT

[ekim]

The brownfield opportunity is real...not just because you have a bunch of kimberlite pipes around you...a few pipes on many districts throughout the world....it really boils down to the attributes of Chidliak.

Attribute #1 - Predominately octahedron shapes...that hasn't seem to change on the other pipes. Must be something in the geology to have that shape a dominate shape at Chdliak.

Attribute #2 - Colour - Predominately white or off-white across the pipes. Again, something dominate across Chidliak that isn't not dominate throughout other districts.

Grade and final value per tonne are the biggest unknowns at this point...but when you look at the inputs going into those calculations based on attribute #1/2...you already have a great headstart.

This is why the brownfield opportunity is real.

I don't think there is 1 single diamond project/operation in the world that is being set up as scalable as Chidliak is. Not a single one.

A few of them absolutely have Life of Mine Extenders...but that is absolutely not what I am talking about in referene to being scalable.

LONG...PGD

EKIM