Post by
justanormalguy on Apr 17, 2015 10:32pm
From Will
Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (PGD) fell five cents to 33 cents on 688,000 shares. Peregrine's mini-bulk sample of three Chidliak kimberlites is in full swing but the plan has changed somewhat. Last fall Mr. Peregoodoff, CEO, said Peregrine planned to extract about 250 kimberlites from each of CH-6, CH-7 and CH-44, the top three pipes at Chidliak, on Baffin Island. The company is now putting most of its effort into CH-7 so it can declare a resource for the pipe. (CH-6, the best Chidliak pipe, received a significant bulk sample in 2013 and the company produced a resource estimate last year.)
Very interesting and probably a good move!
Comment by
peachbanana on Apr 18, 2015 7:42am
What do you mean when you say "Ned has been removed", Mike? Alas, I must've missed this.
Comment by
ekim on Apr 18, 2015 10:43am
Ned is no longer a holder or control of > 10% of shares therefore we dont know how many shares he owns. Anywhere between 0 shares and 28 million. He is completely undisclosed now. Ekim
Comment by
northmark on Apr 18, 2015 11:27am
KRO has Dundee holding 13.3m shares as of Apr 16/15
Comment by
madmann on Apr 18, 2015 11:32am
dundee owns 13.3 m according to JK
Comment by
ekim on Apr 18, 2015 1:04pm
Not enough for ned to take part of the trifecta circuit, but still a reasonable amount. In fact on par with sh investors.ekim
Comment by
mrrbc on Apr 18, 2015 9:17am
Where is Will getting this info? Isn't it material and therefore require an NR?