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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. > Friedland share price
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Comment by ekimon Jul 19, 2018 9:31pm
163 Views
Post# 28342371

RE:RE:RE:RE:RE:RE:RE:RE:Friedland share price

RE:RE:RE:RE:RE:RE:RE:RE:Friedland share priceI think the only spin on privatization that i can think of would be for Sprott to come into the market with a bid above De Beers.
If he wins, puts those shares in a holding account. Friedland's deposit their shares in that account and then after all is said and done...the Friedland's privately buy back those shares from Sprott and no money transfers from friedlands to Sprott. 

Sprott doing a PP with PGD has always been a problem because it would dilute the Friedland's portion..which they would want to avoid.

I personally don't believe the scenario above would happen.

LONG...PGD

EKIM



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