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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 mill44on Sep 21, 2017 2:00pm
95 Views
Post# 26726861

RE:Private Placement

RE:Private PlacementWhat if Ekim and Kidlapik are right about the project? Why would the Friedlands give up 10-20% of it then? As you can see from the past, they can get the money together for every step. They just set the pace they want and finance it accordingly. The SP is meaningless to anyone who only looks at the end result, like them.
If you look a bit deeper, you will see that the much needed revenue is only needed for the shareholders. The Friedlands are executing a plan that was thought out years ago. They are not playing it by the ear. The market knows it and unless there will be solid evidence that they changed their minds, it will watch it from a distance.
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