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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

View:
Post by shneps on Dec 21, 2016 9:34am

Xenoliths

Just reading some of Jennifer Pell's articles on the Chidliak kimberlites. As the xenoltihs are the magma transporters of diamonds from the earth's mantle and they protect the diamonds from destruction while they travel up through the pipe obviously the more and bigger the better. When they drilled CH31 they actually drilled through a xenolith that was 20 metres thick. Now that is a big elevator. Although there hasn't been much exploration completed at CH31 of 29 stones collected 25 stones were either white/clear or off white. Just shows a very small amount of the yet to be explored diamond district.
Comment by MrBigger on Dec 21, 2016 10:03am
Yes if only they had a deep pocketed JV partner that wanted to see this in production.
Comment by Silverwhere on Dec 21, 2016 10:12am
What’s with all the negativity lately MrB? Short-term traders are not supposed to have ANY emotional ties to their trades.
Comment by ekim on Dec 21, 2016 10:31am
I think if you expect the worse you never will be disappointed. long...Pgd...ekim
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