Peregrine Diamonds Ltd. PGDIF

Kaiser article now public

[ekim]

I can't remember if the JK article posted here was from November or October. Either way, I see it has been removed...and I see the October article is now available for free on the JK website.

link -> Oct 28 - Kaiser

A big concentrate problem.

Means that part of CH-7 material has a density close to the density of the diamonds themselves.

The theory suggests that the denser nodule material is slowing down the process and that means there is a significant amount of nodule material...and if those nodules do contain an abundance of diamonds....then we will see that in the final results. If they don't contain any diamonds..then the macro's would depend on the pinhole core microdata...and the nodules are a nuisance instead of a boon.

LONG...PGD

EKIM

[mill44]

Not helping your case, Ekim. "now there is a new delay linked to what CEO Tom Peregoodof calls a "big" concentrate, a problem that may have Robert Friedland wondering how he can buy more stock without running afoul of security regulations. ... Peregrine management's body language suggests to me very high expectations for CH7 that are not reflected in the market's valuation.

[Fivecarat]

Mill, you plucked out a line or two from the JK article that on their own look bad, maybe people should look at the entire article, ya?

[mill44]

Nope, they don't look bad at all. The article is very favourable. The lines only make the financing look bad and show that Ekim's explanation that it came from a management prepared for bad news might be a little off. The article is just not making Ekim's arguments more believable. That's it, not a comment on the project or the article.

[Fivecarat]

Ekim doesn't know definitively like everyone else here, so his opinion is as valid as yours or anyone's else until you/we perhaps find out over the next little while, so I don't see why anyone is saying his argument is loosing credibility on the believability scale.  Just don't understand the desire to prove someone is wrong, or right for that matter, when one does not have