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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. > Multiple number of groups in discussions
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Comment by robybobon Dec 16, 2016 10:14am
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Post# 25609684

RE:RE:RE:RE:Multiple number of groups in discussions

RE:RE:RE:RE:Multiple number of groups in discussionsnothing we didn't already know, as for a bidding war between DDC and RIO, DDC is on record that they have looked at some smaller opportunities but would not over pay.

If it was us they referenced, don't think they would be bidding.

However, it is possible they looked at DO27 and thought the price was too high.  DO27 is still a bargaining chip as DDC diamonds start to get mined out so I don't think Friedland would give it away either.

The note in the MD&A referencing a number of discussions leads me away from IVN as being the hero, I think if there was going to be a deal between the brothers, we would have heard by now.

Possible that PGD is getting the "Bautista stink" with suitors and a reason this is playing out so long?
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