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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 cudjoon Jan 29, 2018 12:22pm
93 Views
Post# 27455101

RE:RE:RE:RE:RE:RE:RE:RE:MPVD and KDI Merging

RE:RE:RE:RE:RE:RE:RE:RE:MPVD and KDI Merging
if you mean for PGD, depends on what you believe is going to happen. Small run up to the new resource statement, which will be higher, but priced in already IMO, run up to a new PEA, which in the past has happened, and mostly priced in now IMO. If you think mils scenario is possible, and it is definitely in the realm of possible, a 30% premium is a good return. A partner, and not Newstar buyout for example, win win for short term holders, and may ease some pain for long term guys. Downside is they maintain status quo, another discounted rights, sub a dime, or there about, and years more waiting for a production scenario to move the needle. Exploration permits were renewed for another 5 years someone posted here, scary if your a long term long. Don't bet the mortgage money here, do some serious dd outside of this forum before you invest, or divest. Best of luck.
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