GREY:PGDIF - Post by User
Comment by
Kidlapikon Jan 02, 2014 4:41pm
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Post# 22054052
RE:RE:Bob Gannicott (DDC) Interview
RE:RE:Bob Gannicott (DDC) InterviewYeah I agree. Though if they want to stay in the Canadian diamond game past Ekati then there options at present are limited.
The option of getting CH-6 at fair value with upside of getting DO-18 & DO-27.
I would rather see PGD sell off DO-18/27 to help fund Chidliak than retain them and fund further exploration through pure share dilution. Though a joint venture or even a buy out by DDC has some synergy to it.
I am certain DDC was one of the 3 interested parties when PGD initially went looking for a partner after BHP backed out, with De Beers being another but what I cant even guess at is who would be the third party????