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Peregrine Diamonds Ltd. PGDIF

"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

Post by ekimon Jul 07, 2016 12:22am
154 Views
Post# 25030350

DDC - 2 hours after close

DDC - 2 hours after closeAs far as I can tell, the M&A interview details came out 2 hours after close.
So, there is absolutely some room for speculation come tomorrow morning.

Here are some key snippets:

"We think there are some very encouraging prospects on the horizon potentially," Bell said in an interview.
 
"We think Dominion Diamonds, the largest publicly traded Canadian diamond player, is the logical acquirer," he said.
 
Dominion's main focus remains on developing its core internal diamond projects in Canada's Northwest Territories and it was "not desperate to rush in and overpay", Bell said.
 
Dominion was open to purchasing either a project that it would develop into a mine, or a producing mine, he said.
 
Dominion's board was looking to fill some upcoming vacancies and is in the process of reviewing prospective directors, Bell said.

--> Full interview

Interesting that last point...so they may look at acuiring and offering a Board position as well.

LONG...PGD

EKIM
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