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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

Post by oiltaron Apr 02, 2015 8:51am
105 Views
Post# 23590650

DDC at 52 week high?

DDC at 52 week high?
From: james flannigan 4/2/2015 8:50:20 AM
of 9432
DDC at 52 week high?

They would be wise to use that paper for more diamond assets.The reason they sold Harry Winston was to invest in new mines in Canada.They have not made any move yet to replace reserves in new mines.With its paper now at a high value it would seen the time is right to do a deal.Top on my list is PGD.Post the Harry Winston sell PGD has now demonstrated clearly Canadas new high grade high value diamond mine.DCCs paper would be welcomed by the PGD shareholders at the right conversion.I as always do not rule out a bid by RIO,Debeers and now with the share price recovery DDC.

James

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