GREY:PGDIF - Post by User
Comment by
xDeBeerson Aug 18, 2013 11:05pm
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Post# 21679919
RE:Buyout or JV?
RE:Buyout or JV?Once again, I totally agree Gauwd. The diamond valuation results are essential to any good business decision by a diamond explorer. They'll know when we now. No major business decisions will be made before this essential information is known.
I have been watching the PGD share price for 4 years. It is my view they leak like a sieve! I have seen lots of share increases days before postive news. I won't point out any specific examples because it is embarassing.
I can see the exploration team out there now, at the end of the 2013 program saying "see you next year" and sowing the seed of JV signing. It is my expectation that De Beers will JV, and I also put the recent price rises down to this speculation, and that I would expect an update from the field season soon saying they found more kimberlites.