Peregrine Diamonds Ltd. PGDIF

Decent Results - Pointing to Mine

[schocor]

Decent results. This shoudl be profitably mineable at $150USD a carat. Hopefully they can get that from the appraisal in Antwerp.

The number of breakages is interesting - I have never seen anything quite like that before. I am not 100% sure I buy their rationalle for the number of breakages.

This gets us a step closer to a producing mine. Long term things have never looked better at PGD.

[cudjo]

Mine?  Really?  Sorry, not yet,  need  more diamonds, need to spend tens of millions more dollars to find more, running out of money very fast, no retail will participate in rights, why would they when they can buy cheaper shares.  Another financing, 2.5 cents or lower.  Pumps will say Botswana, look at those nice yellows, Exactly like NAR, bust, valuations will save

[ibeennorth]

THE DEMOGRAPHICS FROM THE GOVERNMENT PERSPECTIVE WILL BE....a diamond mine in chidliak.....the road will get built by military and the powerplant the government will build.....knowing they need a powerplant whether there is a mine or not............they need PGD TAXES...I don't know the means between now and then but knowing this will happen regardless!!!

[Kidlapik]

The military or the city will most definately NOT help construct the road. The power plant will be a diesel fired operation exclusively for the project as if QEC(power corporation for Nunavut) was going to invest in increasing the power supply for Iqaluit it would do so at its proposed Hydro Electric site which would cost upwards of $1-billion dollars itself. The annual budget for all of Nunavut

[ibeennorth]

powerplant is done in iqualiut as for the power company going diesel fired it does not jive with global green agenda..the government has to move forward for iqualiut. govt has a few billion set aside to be applied for across the arctic for green programs....they have just reinforced the building of the port for military needs......meaning military will have man power and equipment there long