Peregrine Diamonds Ltd. PGDIF

Capex on the down low side

[xDeBeers]

Thx for Kaiser link ekim.

Kaiser thinks Capex will be US$300M.
I stated in earlier posts (years and ago and weeks ago) that the Capex will be much lower than people think and in line with what Kaiser thinks.

When I first came on to this forum I mentioned that the small pipes and high concentration of diamonds where a good thing for the mining process. I got hammered by someone calling me a fake and suggested that I didn't really work for De Beers.

Another reason why the Capex will be so low is close proximity of the mine to Iqaluit (dropped the "U" this time Kidlapik:)). Seriously people, before you guess at a huge capex look for the capital of the north on google maps. Mine not far from there....

Small pipes = small mining equipment.
Oh and no lake to move.

[ekim]

That new Iqaluit port will be a lot cheaper to deliver to then Edmonton, then Yellowknife and then ice road.long....pgd...ekim

[mill44]

A low Capex might make the Friedlands think twice about a deal of any kind. The only reason to bring another party in is if they cannot come up with the money themselves. That might mean a few more years of waiting for the longs and possibly more investment, but that could be a huge opportunity for people not looking for instant gratification.

[Kodiboy]

So Mill, you want the capex to be as high as possible for your own gains if I'm reading this right?  Additional greedy selfishness on you part...your true colours continue to be painted in your tapestry of deceit and propaganda... Where is the mad dog, mr Cudj?  Licking his wounds perhaps?

[mill44]

For the ones with limited comprehension, (yes, you Kodiboy), opportunity means an occasion or situation that makes it possible to do something that you want to do or have to do. The full appreciation of PGD shares is only possible in a 100% ownership in mining phase, barring a full-on bidding war. That takes time and most likely more investment from shareholders. So yes, if you had a huge gain in

[Kodiboy]

Mill, let me get this straight, me stupid, you smart, Cudjo even smarter, yes, no? So, an opportunity, to you, is in part, something you are forced or as you say, have to do? What are you as an investor of free will, forced to do, or must feel you have to do?  Is not every investment a decision on your part to do something or nothing?  Just like posting here, you choose to post, you