PGD peregrine gold ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

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    We don't know with 100% certainty what's in those 2 cores. That's why we have lab assays. We were told in the 5 August announcement: "Sample still to be submitted for assay". Note that we weren't told that the samples wouldn't be submitted for assays. Therefore its reasonable for us to assume that the cores would be sent for assays ASAP given they put the company into a Trading Halt to announce these 2 cores as material for the company. Now today (31 October) being nearly 3 months after they first announced those two cores, we are told that: "The samples will be despatched for laboratory analysis as soon as possible and results reported upon receipt". Really? Is this a joke? To add insult to injury, in today's announcement (marked as market sensitive) there is no mention of 'no visible gold' like they announced last week. In my view, all this raises concerns. What on earth is going on?



 
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