GREY:PGDIF - Post by User
Comment by
xDeBeerson Dec 11, 2013 10:30am
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Post# 21994049
RE:RE:RE:DDC results
RE:RE:RE:DDC resultsThat would be a good management decision. They sell a known asset, that they cannot develop themselves and use the cash to take Chidliak much further and faster without diluting shareholders more.
I recall someone posting that DDC has $600M in cash.
Given how may diamondiferous kimberlites PGD have at Chidliak, and how many untested ones there are, this would be an acceptable risk. I can see Eric doing this.