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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

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Post by mill44 on Mar 29, 2018 6:16pm

Reading

Cudjo and Schocor, sure, they disagree about the project, but one thing is clear, short or long term, and I am talking about 1-2 years at least, the only good thing for us would be a deal. Nothing else will do it. I don't see anything that Schocor envisions in the company's  future in the next few years that would change the market's mind besides a deal.
Comment by schocor on Mar 29, 2018 6:22pm
Correct Mill - I agree that only a partner will advance this project towards a mine. We have a shiny small pipe, a mining rainmaker, a decent NPV and an ENTIRE kimberlite swarm to explore moving forward. We don't need to make up numbers, tell stories about billions of shares or engage in $50M FS studies to tell that story.
Comment by cudjo on Mar 29, 2018 6:34pm
wow, what a swing from your blowing smoke to you agree we need a partner, funny, all my discussions regarding dime financing, 50 million for a FS, billions of new shares, etc.,  and you finally see the light. But, because you do not pay attention, I will say it again, that has always been my position, dime finaincing and the billions of shares to get though a FS "alone" with you me ...more  
Comment by shneps on Mar 30, 2018 8:33am
Taken from last year's AGM presentation with context to what Schocor was mentioning about resource expansion as opposed to PFS. • As part of 2017 planning, we undertook a detailed review of the resource expansion opportunities. • Understand the potential value of CH-6 resource expansions with depth. • Led to an internal Concept Level Study of a combined Open Pit and Under Ground operation at& ...more  
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