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Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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

Peregrine Diamonds Ltd. > Ottawa to Spend 400 Million....
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Comment by macookieon Aug 30, 2017 3:10pm
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Post# 26638724

RE:RE:RE:RE:Ottawa to Spend 400 Million....

RE:RE:RE:RE:Ottawa to Spend 400 Million....unlikely any of that $400M funding is going towards specially to help PGD... if this mine opens... PDG will likely have to get approval to build a road from Iqaluit to the mine... and will have to fund the construction of the road. The Nunavut Gov't, with 3/4 FED money is planning on building a deep-seaport... that's likely will be available to transport material and supplies in 2020-21.... the mine is likely not opening before then... this is really a LONG bet at the moment... let's just hope they keep finding more diamonds on exploration digs.
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