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Peregrine Diamonds Ltd. PGDIF

"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

Bullboard Posts
Post by xDeBeerson Jan 22, 2014 10:27pm
133 Views
Post# 22123418

Sale of ~1000 carat parcel in Antwerp.

Sale of ~1000 carat parcel in Antwerp.Once the valuation is done, it would make sense to store it and sell it right there in Antwerp. Saves $$$ bringing it back under high security. Peregrine could keep a couple of the stones for posterity.
Man I hope it is Tiffany's that buys it. That would be a great omen. Give it to them for a discount to whet their appetite. They'll cut the (shade of) pinks and be amazed and want some more...at any cost.
Valuation press release will probably say what is happening to the parcel next.
The only reason they wouldn't sell it, is if the valuation came in lower than expected and closer to the mine/no mine threshold and thus more price opinions were required.
Bullboard Posts