GREY:PGDIF - Post by User
Comment by
oiltaron Jun 02, 2016 12:33pm
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Post# 24927417
RE:Oiltar Re JK
RE:Oiltar Re JKFACTS can any one here take the time to read? JK April 28 tracker. He wrote this before we seen the DDC Jay delay.My guess DDC will buy PGD I have spoke to DDC on this subject and told them they should get a new mine. JK: Over $60 million has been spent so far, bringing FD to 364M. Another $20-$30 million will be needed to deliver a FS. The project is too small to attract a major as a partner, though Dominion Diamonds is a candidate to buy out and develop Chidliak. Mgmt has talked about bringing in a minority partner not involved in mining or even developing it on its own. Dilution will be a function of market valuation; a PEA will be critical for that