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Bullboard - Stock Discussion Forum Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."

GREY:PGDIF - Post Discussion

Peregrine Diamonds Ltd. > THIS IS BIG NEWS!!!!
View:
Comment by oiltar on Oct 22, 2015 9:41am
They would know in a matter of days if they hit kimberlite.With indicator minerals at the surface its suggests this target is very likely to be diamond bearing.I don't think the market understands the implications here.BUT I DO
Comment by schocker on Oct 22, 2015 10:04am
No no no. They don't think the whole this is a  38 hectare  kilberlite (extinction causing supervolcano). They have identified kimberlite targets where they will drill  WITHIN a 38 heacate area that apparently has some kimberlite indicating minerals - a term itself that is only about 25-30 years old.   This is hardly news. IMHO botswana is hardly a project ...more  
Comment by mill44 on Oct 22, 2015 10:10am
Oiltar told you that the market would not understand it. He does.
Comment by Kodiboy on Oct 22, 2015 12:51pm
shocker, I hear what you are saying, 38 hectares is kinds huge, but they don't say "within" that space I believe, they say a 38 hectare anomaly will be drilled...correct me if I'm wrong about the wording, thx.
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