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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

Post by mill44on Apr 25, 2018 2:19pm
62 Views
Post# 27939491

The only thing that matters

The only thing that mattersto a shareholder of a company that does not pay dividends is the share price. What can PGD do to move the SP? As history shows, very little. They have to secure funds for the mine. Get a partner or get a loan / royalty streaming, whatever, to pay for the mine. Any other work will do little for the SP, or it coud even hurt it. They can do a feasability study, explore other pipes, trench, whatever, all what it would mean for us is more waiting. We will see the money when they show the market the money.
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