Peregrine Diamonds Ltd. PGDIF

Focus shift coming

[oiltar]

If EKIMs estimate for KDI diamonds come in at his $75ct target then a major shift by diamond investors will migrate to Chidliak as KDI with 200m of over burden and low ct values would call into question that KDI may not have a stand alone mine and its stranded ore would not feed MPVs GK for at least 15yrs.

I have never seen a Canadian diamond mine out crop at the surface never mind present a high grade high value combination as does Chidliak.Steady news from PGD will shift market attention.

It our time folks.

[NUman2014]

Good post! I was thinking the same.  Both NAR and KDI aren't looking so good, hopefully PGD's news doesn't follow suit. 

[Kodiboy]

Personally I don't believe that poor performance SP wise on what is considered good news is a benefit to any JR diamond explorer in general, especially nowadays.  Puts pressure on news having to be truly excellent to motivate buying pushing SP upwards, but that is just my humble opinion.

[mill44]

Their bad luck won't mean much for PGD (at least for the upside). It would just reinforce how risky these investments are. If I invested in a diamond junior and got burned, my first thought would not be to jump into an other one, especially if I had my doubts before. If people went with a basket approach like Kaiser was suggesting, they would already be in. If not, they will most likely wait

[Kodiboy]

I think you have to have pretty tough skin investing in any exploration play, as getting burned probably happens many times. If you listen to Oiltar, the impression is that we are off to the races with a winning ticket without fail, that's great enthusiasm, but not likely to be as smooth as it appears as we will have ups and downs, just like KDI and NAR.  It's not like the masses are

[NUman2014]

Today, looking at Canadian diamond exploration, particularily in the North, I think a person would be more apt to invest their money in PGD over both KDI and NAR. If PGD's news is good, I believe that (and I already believe) this will place them in the forefront. I don't think I have to remind everybody that PGD has a lot going for them (DO27, northern diamond database, Botswana, huge