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Bullboard - Stock Discussion Forum 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 Discussion

Peregrine Diamonds Ltd. > diamond market and PGD fate
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Post by artic_explorer on Jun 09, 2018 3:05am

diamond market and PGD fate

on paper PGD has a net value 10 times bigger than mkt cap . so why not acquired already? 
the most likely explanation i find  is that the whole diamond market is rigged with plenty of hidden supply(including synthetics)  and monopolistic price manipulations.  that is why nobody is buying PGD.
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