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Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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 by User

Peregrine Diamonds Ltd. > Cash position
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Comment by Kidlapikon May 16, 2016 7:10pm
140 Views
Post# 24879001

RE:RE:RE:Cash position

RE:RE:RE:Cash positionHmm very goo point maggie, the threat of a rights offering would very much scare off any potential US interest. A JV deal or % sale could re-assure US investors to re-enter the stock.

Also I received this statement in regards to my inquiry to PGD about their cash position:

As per our latest SEDAR filing, ( www.sedar.com)

 

At May 11, 2016 the Company had working capital of approximately $5.3 million and cash resources of approximately $5.7 million


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