Peregrine Diamonds Ltd. PGDIF

timelines

[cudjo]

everyone do yourselves a favor and go look at the MD&A and the last update from the company regarding timelines.  To those expecting a 'surprise' in the new couple of weeks, pull your heads out of your ar$es.

Quote:

"The company expects processing of the CH-7 bulk sample to a concentrate to be completed on or before Nov. 15, 2015. Diamond recovery is expected to be completed by early December with initial diamond grade results being released shortly thereafter. Independent diamond valuation results are expected early in the first quarter of 2016."

Lesson - a good management team, and most here would agree that the Friedlands are good managers - DO NOT LIE TO THIER SHAREHOLDERS.  The first ship JUST arrived in Quebec.  It takes TIME to unload, prepare and ship to Saskatoon from there - go get a map and take a look.  Rail probably a week, 3-4 days by truck, how many trucks required for 500 tons?  The sample has to be processed INTO a concentrate (see above), then Diamond recovery begins.  Oiltart expects a diamond to pop out of the bulk sample in 2 weeks, best to ignore that pump, expect the shareprice to drift lower until news, that is more like reality.

There will be NO NR on the sample arriving at the SRC, ekim is correct, security around the sample is paramount, anybody remember BreX?  Or is everyone here under 21?  Good luck with the suprise angle, I will stick to what the company, and a great management team, tells shareholders.

[cudjo]

looks like transport from Quebec to Saskatoon is by truck, from the last NR: "The entire bulk sample is scheduled for transportation by sealift and road to the SRC. The first sealift is expected to depart Iqaluit on or about July 26, and the SRC is scheduled to commence bulk sample processing through its 10-tonne-per-hour DMS plant in mid-August." July 26 did not happen, the first

[Fivecarat]

Cudjo, thanks for the exactness of your posts as that is the differnce between what is right in front of your nose ready to easily extract if you take the time, or wishful thinking that is not imposssible but highly unlikely that yes, would be a pleasant surprise, or dispointment depemding on the actual results obtained...not a certainty they will be good/great. Really just a waiting game now as

[maintenance1]

If there is going to be a surprise it will come from Africa. When they have the grade results we will find out. Then when they have the values we will know. Until then partial results or fast tracking domain five would be foolish and could be seen as manipulation. I can be patient. There have been delays,of course, there always are. By July we will know. That is soon enough. Until then, let the

[Kodiboy]

Would it be safe to say that even with the delay in shipping, that the timeline for processing, thus results, would not really have been affected as the samples would be just waiting in the cue anyway? It's not like if it got there earlier that it would be processed right away as the cooks in the back still have their previous orders to fill, if that analogy makes any sense, but I think y'