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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. > ***Speculation on road...
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Post by Irishpotluck on Feb 14, 2017 7:44am

***Speculation on road...

I sure think the trail in Iqualuit will be built by territorial/federal govt.....peregrine will only need to build a small road from the upgraded trail to site.....a fractional expense.....I spec this based on the green funding available and upcoming projects/exploration in nunavut. When one looks at the NWT who built and upgraded the ingraham TRAIL.Do you not think that was Tom's barganing chip govt to build road, have a mine in 4 yrs or peregrine will build it and a mine in 8 yrs which does not benefit Iqualuit or Ottawa. my guess is we will hear before the coming construction season bet the GOVT builds it this year......best of luck to all time for a return on investment 2017

hence the name Itijjagiaq Trail

drilling to go forward
mine finacing comes after stellar drill results in fall

this is my speculation only sure like to hear your thoughts 
Comment by cicerelli on Feb 15, 2017 11:47am
I'm speculating the same thing IPL!
Comment by ekim on Feb 15, 2017 12:01pm
Roads that will be used post mine closure will have to be maintained by the government if they are going to be still used. I see no reason why the all weather road will not be used for the next 100 years as an incremental segment between Iqaluit and Pang. It only gets you a fraction of the way...but it will still be used. You could put a mini storage/warehouse/a bit of infrastructre at the end of ...more  
Comment by mill44 on Feb 15, 2017 12:16pm
There is quite an argument to be made about why the government should/will get involved with the road, but there are things that have to happen before. I see that happening a bit later. We need to get directions from the company, and now. The company and especially the Friedlands have to show big commitment to build the mine before they can expect the government to do the same. Going ahead with ...more  
Comment by ekim on Feb 15, 2017 12:30pm
PGD has been top notch in my books for community relations. David Willis has been a rock and been with PGD for a long time and Tom is a very personable guy. That have done pretty much everything right. A couple complaints about Helicopters flying too low and scaring off the caribou...but as we know..there isn't a whole lot of caribou in the region. From a fundamental/economic point of view ...more  
Comment by mill44 on Feb 15, 2017 1:09pm
Missing the winter program, as it was proposed, is not that bad. Doing nothing at all is.What would be the explanation for something like that? That they could not find the money for it? Telling people to come and invest in a profitable project when you are not willing to do it is not the best selling point.
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