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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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. > Reorg
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Comment by greex27on Feb 12, 2015 11:06am
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Post# 23422023

RE:RE:RE:Reorg

RE:RE:RE:ReorgThe only reason I can see that you'd spend the time and effort on a reorg is to unlock asset value that might be affected or hindered by the other. The value of the assets in PGE is certainly less certain than that of PGD (Chidliak) and I would suggest much less desirable. The reorg gives you the opportunity to sell PGD and spin off in to PGE for the next adventure. I suspect anyone looking for surety of supply is looking at PGD and if they decide to wait until after the results of the bulk sample the price of poker might be significantly different. Let the spit balling begin
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