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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.
Bullboard Posts
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Comment by bullwhip29on Nov 30, 2010 4:55pm
481 Views
Post# 17779248

RE: BHP

RE: BHPJust a guess...

If BHP is indeed going ahead with the additional 7%, I figure they've known this for a while (at least since CH7 news or earlier). From a trader's perspective, there is no advantage for them to show us their hand prior to the deadline. Perhaps the cat was let of of the bag late last week though? 

On the other hand, if BHP remains silent and the deadline passes without any confirmation whatsoever, then I expect PGD to clarify this before the open tomorrow. We will soon know if the small pull back in the stock today and yesterday is the result of a news leak or simply a few nervous nellies taking some cash off the table due to month end and lack of a news announcement prior to today's close.
Bullboard Posts
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