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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. > CAD$1 billion - end goal of winter program?
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Comment by ekimon Nov 29, 2016 5:46pm
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Post# 25530366

RE:RE:RE:RE:RE:CAD$1 billion - end goal of winter program?

RE:RE:RE:RE:RE:CAD$1 billion - end goal of winter program?Kid,

Not implying either or. Too many permutations. Just highlighting those as options where PGD isn't actually running the operation as Mill said was a possibility.

I would suspect that PGD will want to bulk up the treasury anyway...so it is not necessarily a 1 off option. I suspect we may see a double whammy...much like the De Beers option and the Robert PP. The Robert PP was supposed to pad the bank while De Beers paid for Chidliak. Didn't work out like that and Robert's contribution went directly into Chidliak work.

It is no longer a question of how or if Chidliak will be financed for 2017.
It is just a question of when we will know the how.

LONG...PGD

EKIM
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