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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 Jul 28, 2016 12:55pm
74 Views
Post# 25092366

RE:EKIM

RE:EKIM Good question. It hasn't been too long since the PEA and still the 45 day detailed report will be out in August.

Hopefully any private placement financing is done at much higher prices....but that is only one path forward...and not sure if that is the preferred.

I'm sure PGD has got their hands full with multiple paths...some good, some neutral and some horrible. Probably trying to move some of those good paths up to the great category. That is the tricky part.

I guess we wait for two things.

1 - Wait for a press release from PGD on how they are going to progress chidliak financially.
2 - Look for any volume increase in the shares. Could be a precursor for a private placement or such as the placer may want to buy some shares early in the market.

Don't think RF/EF/Tom are going to be rushing this.
First fine a good deal...then pay some lawyers to kink out the deals...then release it.

LONG...PGD

EKIM


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