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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

Comment by cudjoon Feb 17, 2015 11:12am
63 Views
Post# 23435643

RE:RE:RE:RE:RE:RE:Anglo

RE:RE:RE:RE:RE:RE:Angloexactly mil, no one is going to give us 500 million for this play at this point in time, too much work to do, there can NEVER be a hostile take over, look at the share ownership structure. In the future, someone may/probably want this, not going to happen before we know more.  Anglo is bleeding cash, Anglo directed DeBeers to leave (according most here, and our pumper), we don't really know why, we were never told, and Anglo is not going to direct DeBeers to move back in and buy us as they have enough in the oven at this point in time.  Divak is good till 2023, do some DD.  Any discussions about a buyout, if any, is VERY premature.  2016/17 maybe, not yet.  I have a great deal more interest in the current news, our new spinco, caustic news, and warrants. Buying at these levels is a low risk investment (.15-.20) IMO.  Privatizing is still an option, but not as high a probabilty now because of the spinco IMO.
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