Wednesday, October 7, 2015

Quotes

Here is a list of CH-6, CH-7, and other Chidliak quotes
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Rick Rule -- BNN interview - August 2017 - Commodities
Rick Rule is participating in a standby agreement for the 2017 July to August Rights offering.
"So, while this is a high risk endeavour, this is also one that if it ends happily, will be a high reward endeavour. This is not for the faint of heart. This is exploring in very difficult terrain for a notoriously difficult commodity..but you are doing so in partnership with... the greatest exploration team of this generation."
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Robert Friedland - Insider +10% holder and brother of Eric Friedland
At the Sprott investment conference in Vancouver in 2017, Robert had this to say about CH-6:
"I am extremely bullish on depths of the kimberlite. This deposit will be wildly profitable in Canada. For your kids or your pet dog or cat, buy a few shares."*
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CH-6 - Quote #1: (Independent)
Mr. Richard Wake-Walker, co-founder of WWW stated "The shape, colour and size distribution profiles of this parcel compare very well with current Canadian diamond production. It is very encouraging to see such high quality goods from a relatively small parcel and at such an early stage in the project."
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CH-6 - Quote #2: (Independent)
Mr. Neil Buxton, responsible for geostatistical modelling at WWW stated "Based on our analysis of the parcel, WWW believes that if CH-6 were in production in the current diamond market, it is highly unlikely that the average price would be lower than the minimum modelled price. It is also important to understand that the high modelled price does not represent a maximum price and that the ultimate average diamond price in a mine production scenario could be higher than US$236 per carat. Given the number of large stones in this parcel, and their relatively high value, even the high modelled price may be considered conservative."
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CH-6 - Quote #3: (Independent)
Mr. Howard Coopersmith, Peregrine's Independent Qualified Person for dense media separation ("DMS") processing and diamond recovery stated, "These latest bulk sample results from the CH-6 kimberlite, along with the results from the first 222 tonne portion of the sample, confirm a trend towards high quality diamonds in the larger size classes and an overall consistency in the diamond population, size distribution and grade.
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CH-6 - Quote #4: (Peregrine Diamonds)
Mr. Eric Friedland, CEO of Peregrine stated "The results of the first diamond valuation from Chidliak are spectacular. The average price per carat and grade of this bulk sample clearly show that CH-6 could have rock value that is comparable with the richest kimberlites currently being mined.
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CH-7 Quotes
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CH-7 - Quote #1: (Independent)
Mr. Neil Buxton, responsible for geostatistical modelling at WWW stated "based on our analysis of the parcel, WWW believes that if CH-7 were in production in the current diamond market, it is unlikely that the average price would be lower than the low average modelled price. It is equally important to understand that the high average modelled price does not represent a maximum price and that the ultimate diamond price could be higher than US$155 per carat. These results need to be confirmed with a larger sample."
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CH-7 - Quote #2: (Independent)
Mr. Howard Coopersmith, Peregrine's Independent Qualified Person for dense media separation ("DMS") processing and diamond recovery stated, "A mix of diamonds are seen in the current CH-7 diamond assortment, from pristine gems to industrial qualities. White/colourless to off-white clean octahedra are common, often somewhat distorted or modified. Resorption is minor, giving the parcel a significant proportion of high value sawables extending into the largest sizes. A small population of clean gem yellow octahedra may prove important."
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CH-7 - Quote #3: (Independent)
Dr. Tom McCandless stated, "While a certain amount of diamond breakage is to be expected in any large-diameter RC drilling program, the level of breakage observed in this bulk sample is abnormally high. Through the work completed I can conclude that the reported grade of 0.88 carats per tonne is conservative, and a higher grade is to be expected in a mining scenario. Further, it is my belief that a number of gem quality diamonds two carats or larger have been shattered, which will have a negative impact on the valuation of this parcel. However, diamond price modelling that takes this into account should result in an increased model price valuation that would be more realistic in a mining scenario."
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CH-7 - Quote #4: (Independent)
Mr. Howard Coopersmith, further stated "It is not unusual to see diamond breakage due to sample collection by reverse-circulation drilling. In this bulk sample many freshly broken diamonds are present; this issue should be eliminated in a mining scenario."
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CH-7 - Quote #5: (Peregrine Diamonds)
Dr. Herman Grütter, Peregrine's Vice President Technical Services said, "I am delighted that CH-7 displays reasonably consistent diamond grades close to 1 carat per tonne that would make for predicable resource extraction scenarios. The superb correlation between previously reported microdiamond results and bulk sample grades reported for KIM-2, KIM-3 and KIM-4 is especially significant because these three units occupy approximately 90%-94% by volume of the known 3.72 to 6.01 million tonne Target for Further Exploration ("TFFE") for the CH-7 kimberlite pipe."
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CH-7 - Quote #6: (Peregrine Diamonds)
Mr. Tom Peregoodoff, Peregrine's President and CEO said "Once again the Peregrine team has delivered an excellent outcome. We are very excited with the results of the 2015 bulk sample from CH-7. These results continue to confirm the outstanding diamond resource potential of the Chidliak project. Transportation of the parcel to Antwerp is underway, and we look forward to the receipt of the diamond valuations, expected later this quarter. Preparation of the maiden CH-7 resource statement and revised CH-6 resource statement has commenced and we expect to complete this work in late March."
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Chidliak - Other quotes
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 John Kaiser - March 6th, 2017 - BNN Video -- MarketCall
 John Kaiser mentions -- "One of the best diamond discoveries in the last 6 years"
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Peregrine press release - underground inclusion - March 6th, 2017 -- 2017-03-06 News
"The results of this study are excellent and have significantly changed the specifics for the 2017 work program. The study clearly demonstrates the benefit of focusing the 2017 program on proving the resource potential at CH-6 below 260 metres, the current bottom of the inferred resource in the preliminary economic assessment. "
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* Quote was obtained from an attendee and placed on a public social chat site.

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