Peregrine Diamonds (T.PGD), down 13%, receives third-party valuation of CH-6 kimberlite pipe parcel averaging at US$213 per carat
“We are evaluating our positions,that’s all I am prepared to say,’’ said Chuck Fipke, the geologist
Possible. http://www.pdiam.com/i/pdf/chidliak6.pdf Here's what CH-6 looked like when it was just an anomaly. (page 4). No outcrop and...
Kaiser was suggesting this, wasn't he? Sigh. Here's hoping they drill into another CH6 this season. That would light a fire under it.
If I would hazard a guess, it looks like funds are continually to get redemptions and they continually need to trim to make up for it...
Someone wants to make sure that no one gets the strange idea to push the price back to .44
Looks like the price is forced down.