GREY:PGDIF - Post by User
Post by
oiltaron Jun 24, 2016 6:37am
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Post# 24994444
Brexit is PGDs best friend
Brexit is PGDs best friendThe Brexit will cause a mild global recession and cause diamond prices to weaken in the next yr.
This could force DDC to shelve the JAY pipe.Then PGD has in public view its high margin PEA ore ready for a mining phase and DDC will buy out PGD for paper.
A few days of weak markets then its business as usual.The Brexit did not replace Debeers RIO or DDCs reserves and never will.
Hold PGD for the PEA or sell me more cheap share if you want.