Peregrine Diamonds Ltd. PGDIF

PGD 4.35 Fancy Yellow from D027

[madmann]

[madmann]

IMG_0258.jpg

[cudjo]

thanks madmann, point is DO27, not Chidliak, have you seen the fancy yellows NAR has found?

[Fivecarat]

Is there a specific NR or info on the NAR website where they state they have fancy yellows?  Thx

[madmann]

Yes, seen them too, I own NAR as well as PGD

[Fivecarat]

I've seen them as well and I'm not doubting the yellow fancy look of them, but does Nar officially term them as such?  Thx

[ekim]

I read a bit of the technical report from Q1-4 and it looks like the fancy yellow is mentioned in the smaller diamonds (micro's) and are yet to be confirmed in the macro diamonds (bulk sample program). They do mention that the micro yellow's are not the best crystal shapes. I did learn that the Q1-4 does have an inferred resource (not just TFFE) without a valuation exercise. I did not

[xDeBeers]

That does not look like fancy yellow. More like pale yellow or "champagne" as the marketing types call them. A couple of the chidliak yellows are deeper and more vivid than that. You sure it is the correct photo? What I do see though is a shade of pink... ;D.

[madmann]

XdeBeers: That is taken directly from PGD's website re D027 diamonds photo.

[Kodiboy]

We've debated photos before on this forum, is it pink or is it brown, is it yellow or is it cloudy...a photo does not always make issues clearer, sometimes it confuses the issue, so only an official declaration by the company can or should be used to describe what comes out of the ground.  I certainly don't take a photo on line as definitive.

[ekim]

They have declared it for DO27. 4.35 carat fancy yellow octahedron and 4.19 carat white stepped octahedron; post-cleaning $1900 US per carat in 2007 for both diamonds. CH-6 four to five carat diamonds are in the $2500 to $3000 per carat range. I suspect the fancy yellow from DO-27 is worth more then $1900 US per carat..but enough to raise the valuation boat enough for DO-27. It boils down

[ekim]

I meant to say the yellow in DO27 are not enough to raise the valuation boat. EKIM

[cudjo]

exactly kodiboy, if there were fancy yellows in Chidlaik, we would know.  Oiltar is delusional when he says that Chidlaik is full of fancy yellow diamonds and that Tiffinay wants them.  That is why everyone needs the detector I have provided for his posts.  The only thing that is 'full of it' are his claims. Ugly couple of days for the markets, don't think we have seen

[ekim]

I agree. CH-6 is full of yellows...which is not necessarily a good thing. and needs to find at least one fancy yellow before you can start applying Statistics on it. Between 1983 and 2012, Argyle only produced 6 certified fancy reds. How many carats were produced at that time? CH-6 doesn't have near as much of a footprint...so if it has any hope of fancy yellows, it would be statistically

[maintenance1]

When those pictures came out we all debated whether or not there was a pink. It looked pinkish to me. I wasn't at all surprised when it came back as brown. I was surprised that there was no mention of a yellow fancy. I thought some of those yellows looked prety good. In any event, $213 per carat is not a bad number at all regardless of colour.

[Kodiboy]

As good as our screens and cameras are, a picture never will show the absolute truth in what we see with our naked eye and the differences in individuals equipment just varies to much  to know what they are looking at in their home is what you are looking at in yours, that's why the written word description is the only valid guide, its in black and white and even then sometimes open to

[cudjo]

actually, what the company tells us IS black and white, if we had fancy yellows in CH6 samples to date, we would know, no speculating, no guessing, we would know.  Holding that kind of information back is not an option as it would be material information.  Posting Chidlaik has fancy yellows is all B$.  We have some very nice clears.  Okay with me, and

[Kodiboy]

Agree Cudjo in that what the company releases is in black in white and should be not only inclusive and non embellished, my point was that some people will still try to read between the lines and create doubt either way. Also agree that we know what is material, i hope!

[Fivecarat]

Debating what colour the diamonds are should be taken with a grain of salt and not taken to seriously as its fun to speculate and we should be open to some speculation once in a while as long as it is presented as such  I'm not to worried about crazy claims by any poster in either direction because I truly believe that 99% or more of the people who watch these forums are at least

[ekim]

Can't see why we can't speculate on Fancy Yellows at CH-6. From the valuation results and the independent's opinion: "None of these were fancy yellow, but the depth of colour indicates that fancy yellow diamonds may be found in a production scenario." He is the expert, not us. If the expert is speculating...no reason why we can't. But I digress...the value to date

[mill44]

"in a production scenario"

[ekim]

statistics...and one is only left to speculate until that first quarter of production to confirm or deny. LONG...PGD EKIM

[xDeBeers]

Tend to agree kodi. On photo 13 it looks weak yellow and in photo 6 it looks fancy yellow as stated.

[Gauwd]

Happy New Year to all, hope you had a good break, I'm still breathing, can only attribute it to good scotch, lol. Market is giving Peregrine zero credit for DO27, and despite what oiltar believes, it is my opinion than no one in Lac de Gras will pay us much for it, if anything.   Peregrine won't mine it, not in my life time, or in anyones life time here. I