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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 ekimon Feb 09, 2016 12:52pm
114 Views
Post# 24540104

RE:RE:RE:RE:Your discussion G

RE:RE:RE:RE:Your discussion GI doubt a streaming rights deal.

Whoever started the concept of selling off your primary commodity today for production in the future is shooting themselves in the foot.

They could raise a little bit of a money ($5 or $10 million) through a marketing agreement...but I think they are looking bigger than that.

It has literally been on ly 2.5 half weeks since Chidliak has been completely owned by 1 owner with no royalties attached. In the history of Chidliak. I'm sure, once that royalty was off....it has made and will make a big difference in any negotiations with third parties. Yeah, you can partner with us or take us out or whatever...but you still have to pay BHP forever and ever. Not so anymore.  The economic affect on the PEA alone will far exceed the payment they made to BHP for the settlement.

LONG...PGD

EKIM
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