Peregrine Diamonds Ltd.

As much as I would like to see this rocket to the moon, I think stock like this always have ther breather days and sometimes for considerable periods. I'm looking forward to their comments that they may have on the Botswana purchase and what they are planning and dreaming of doing.

My thoughts are however that this (Botswana) is a bit further away then what they are (appear to be) doing now trying to tidy up the Chidliak claims and finds and their Exploration side group to enable a clean break for when Chidliak might be sold. At least that is what I think they are doing.

They therefore must me pretty confident that Chidliak is very close to a done deal and all that remains is the setting up of the structure so that the sale of PGD can be easily and cleanly done. And to boot move on once the sale has been made. So I expect the sale would take place anywhere, anytime between now, the release of the the assays and the the PEA. Things seem to be looking rather good.

R