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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

Comment by Kidlapikon Jul 16, 2016 1:04am
156 Views
Post# 25058302

RE:RE:RE:Kaiser seemed negative

RE:RE:RE:Kaiser seemed negativeIm convinced Eric and Roberts plan is to get as much money out of this project as possible. Why sell any of the project at a huge discount? Especially when they can just fund this themselves, pick up even more shares and get even more of the money in the end.

PEA at THIS point says can get $1.2billion in cash just from digging down 260metres. Why would they give any of that away just to make minority share-holders FEEL better and give flippers a chance to cash out and move on? They are not in this to sell it for $200-million they are in it to make the maximum amount possible and are extremely patient.
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