GREY:PGDIF - Post by User
Post by
northmarkon Jul 21, 2018 8:54am
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Post# 28348405
JK comment
JK commentThis sums it up. “In any case it is a relief for everybody involved in the junior diamond sector to see Peregrine Diamonds disappear, because the low market valuation for what Peregrine has accomplished at Chidliak from scratch has been a wet blanket for the sector. Investors have been asking themselves, if the Peregrine valuation is all that you get after spending more than $60 million exploration to deliver fundamentals a PEA says is worth $679 million, why bother exploring for diamonds?” JK