Peregrine Diamonds Ltd. PGDIF

Kaminak

[ekim]

Just peaked at the kaminak pea and F's numbers. Good Corp is paying half million for a project that generates a positive cash flow of US$110 million per year. Impressive numbers. Chidliak produces a positive cash flow of about US$140 million per year. Initial capital costs between the two will probably be an extra cad$50 to 100 million for chidliak. Point is these projects are not multiples apart. PEA will reveal all this.
long....pgd...ekim

[MrBigger]

According to TDW the IRR for Goldcorp is 4.4% at 1300

[ekim]

Wish I could get 4.4% for my money. It was an all share deal too. Printing paper instead of money.long....pgd...ekim

[Kodiboy]

Mke, you're a burnaby boy as well, invest in real estate and your 4.4% reurn will be a thing of the past....holy mackeral, prices in the lower mainland have not abated at all....real money all the way to the bank!

[ekim]

Always a catch though. If you move away from the lower mainland, you can cash out. If you move from the lower mainland to the lower mainland you are just the government more money.ekim

[northmark]

Kodiboy and ekim, sell and move to Gibsons!!!! We could start a PGD club and have our meetings at Mollys Reach.

[Kodiboy]

Northmark, that is a great idea and maybe one day I can afford my little Bertram and cross over...

[bludogg]

what is projected date for PEA release????

[ekim]

They have repeatedly said late June. It can take at least a couple of months to do a pea...however JDS has been involved for quite a few months and probably had access to a lot of key data. I don't see why the targeted date shouldn't be met. Kdi is also using JDS. It seems kdi and pgd are destined to have an all out bloody brawl when competing for expert resources in Canada. Bad timing on