Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:A lot of smoke?

[griefman]

From Mikes Chidliak blog:

Potential Acquirers

 

There is no mistaken that many junior exploration companies will end in the hand of a much larger company before any mine becomes a reality.

Chidliak and Peregrine Diamonds may be the exception to the rule, but more likely than not the end result will be a takeover of the company. A partnership is also a strong possibility once the clear fundamentals come out of the project and are too good to pass up. Peregrine Metals (a sister company) was taken over by Stillwater quite a few years and that is a clear sign that management and the Board of Directors of Peregrine Diamonds are open for an offer they can't refuse.