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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. > $20 million agreement expense plus a 1.19% royalty?
View:
Post by ekim on May 26, 2016 4:02pm

$20 million agreement expense plus a 1.19% royalty?

At Mary river - YES - IBA agreement disclosed

At Chidliak = NO. A huge benefit by being on crown land.

Another positive notch for Chidliak.

LONG...PGD

EKIM
Comment by Kodiboy on May 26, 2016 4:24pm
Even richer than the 20 Mil, as there is another 6 Mil per year after that for I'm not sure how long...nice.
Comment by Kidlapik on May 27, 2016 9:50am
Even though it is not 100% on Inuit owned land and especially CH-6,7 44 etc. are nowhere near Inuit owned land I would not be surprised to see PGD work with the Inuit birthright corporations for some benefits agreement. Perhaps a training fund, community development fund or even selling a stake in the project to them. Community good-will is priceless.
Comment by ekim on May 27, 2016 10:59am
I understand there will be some sort of community benefits agreements. Sure as h4ll won't be a couple of hundred pages long. Iqaluit is going to see huge benefit from chidliak regardless of any agreement.long...pgd....ekim
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