Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:RE:RE:RE:Port and Road and Share Price

[ekim]

I haven't been able to get an official theory from anyone on the screen of pearls.
do they merge? Estimate of depth?

The only concept I have is that the kimberlite pipes coming to surface will always follow a path of least resistance.  The pearls are in perfectly alignment.

Why was that alignment a weak spot for the pipes to flow to surface?  Was there some sort of generic fault?

I would love to have some theories off the wall on the concept.

What I do know is that the other pearls are smaller and the strip ratio absolutely kills them from an open pit point of view....however, because underground mining doesn't really have strip ratios and can be very selective...all those pearls come into play....and assuming the very postive concept study done on an underground comes to fruition in the updated PEA....you now have the underground infrastructure paid for by CH-6 that can now access all those pearls with some relatively small amounts of horizontal development.

LONG...PGD

EKIM