Peregrine Diamonds Ltd. PGDIF

Ivanhoe has working capital of CAD$593 million

[ekim]

Ivanhoe just rec'd another payment from Zijin -- [url=https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aIVN-2388662&symbol=IVN®ion=C]Ivanhoe Payment[/url]

The shares are moving up on another installment with more to come.

PGD did move into IVN's office.

Robert Friedland is a tough negotiator....maybe the only person to match him is himself.

Ivanhoe has the muscle to acquire PGD...and if their paper power is rising...an all share deal looks even easier to accomplish.  Their paper power is double what it was 6 months ago.

1 share of IVN for 2 shares of PGD??

IVN's projects are by default High Margin deposits...Robert doesn't tend to like low margin (option call) type deposits. Chidliak would fit into that structure.

LONG...PGD

EKIM

[cudjo]

This makes much much more sense than anything posted here to do with DeBeers or DDC.  They both have thier hands full with other $hit despite what Oillie says.  Also, on the rumor side of things, leakage and all, IF Ivanhoe is going to get involved one way or another, leakage would be an absolute zero, same house and all.  Action today shows no leakage, just a sorry indifference to

[aea257]

This might actually be a better deal but based on the numbers presented in the PEA wouldn't a 1:1 share deal more in line? 

[ekim]

Based on my 3 x under valued scenario with a partner. That would be the ratio at 1.45 to 1 for Ivanhoe shares. For every 1 share in PGD, it would be exchanged into 0.7 shares of IVN. I think a lot of PGD shareholders would find value in that transaction and IVN has a great project to tell its shareholders about. Heck, Ivanhoe could turnaround and do a 50/50 deal with Zinjin on Chidliak. We

[aea257]

I would like that ratio better 1.45 shares for 1 IVN. The 50/50 deal you mention I also thought could very well work into this deal. 

[ekim]

The benefit of the Ivanhoe deal (excluding shareholders) would pretty much keep the whole Technical team in hand under the Ivanhoe umbrella. Ivanhoe doesn't necessarily have any diamond experts and would retain most, if not all staff...who also happen to work in the Ivanhoe office right now. A deal with DDC or DBC could seriously change the dynamics in that regard and I believe a spinco

[Silverwhere]

Zijin is on a roll and could buy a seat at this PGD diamond sorting table quite easily . . . . . . https://www.scmp.com/business/companies/article/1988363/zijin-mining-surges-48-billion-yuan-share-placement

[ekim]

That explains the rise in Ivanhoe shares today. Big money for big capital projects. You still sitting your 25 cent bid....waiting for the market to come to you...instead of you becoming the market? LONG...PGD EKIM

[Silverwhere]

Nope. Took a few for the bullboard team as I chased this pretty thing uphill on Friday. All told I did manage to get 69,000 additional shares last week. Kinda kicking myself as we see a small retrace today but them's the diamond breaks. Gambled on continued strength and still believe we will see many more UP moves - starting tomorrow am. A halt would be nice but no need to rush it. Letting the

[Kodiboy]

Very interesting...gee, a little while ago, not sure who, suggested the IVN connection and was blasted as a preposterous wishful, plainly stupid idea...now, all of a sudden it has legs. Who here believes in karma?

[shneps]

That was me. I always thought it was a pretty fluid idea based again on the only reason Robert found Voisey Bay Nickel was because he was looking for diamonds. Lustres don't fade.