Peregrine Diamonds Ltd. PGDIF

RE:RE:Capex on the down low side

[mill44]

For the ones with limited comprehension, (yes, you Kodiboy), opportunity means an occasion or situation that makes it possible to do something that you want to do or have to do.
The full appreciation of PGD shares is only possible in a 100% ownership in mining phase, barring a full-on bidding war. That takes time and most likely more investment from shareholders. So yes, if you had a huge gain in a short term in mind, a low Capex might not be the answer for you, like a huge Capex would not, either. But if you want to hold until the mine starts, or even double down on your bet, the Friedlands might give you another chance.

mill44 wrote: A low Capex might make the Friedlands think twice about a deal of any kind. The only reason to bring another party in is if they cannot come up with the money themselves. That might mean a few more years of waiting for the longs and possibly more investment, but that could be a huge opportunity for people not looking for instant gratification.