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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. > Timeline for PEA
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Post by k22k22 on Jan 30, 2016 3:19am

Timeline for PEA

Now that both brothers have exercised hopefully things will settle down a bit.  Does anyone have any information or theories on when the PEA will commence?  They have indicated Q1 2016, is it feasible that the PEA wil be completed in the next 2 months?  

Hopefully Q1 or Q2 will bring some news from drilling in Botswana?
Comment by ekim on Jan 30, 2016 11:21am
The inferred resource tonnage work probably is complete and is waiting on the valuations to validate the sparsely worded positive economics that geologists need to convey for an inferred designation. The inferred tonnage update is estimated for end of Q1 and I suspect it will be righta t the end of March.  they indicated the PEA will be completed in first half of 2016. There inlies the ...more  
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