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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 mill44on Nov 15, 2016 2:40pm
76 Views
Post# 25464362

RE:RE:KDI = $52/ct

RE:RE:KDI = $52/ctThere isn't much to talk about KDI. Their valuation has no implication on PGD, only affects KDI's price, even that by not much. Kaiser's letter affected PGD more than their results affected them.
PGD's value hasn't been about what's in the ground for a long time, otherwise we would not have seen financings at 20 or 10c and would not be at 16c. It's about the management's ability or villingness to move the project along without inflicting big damage on existing shareholders.
Address that and then maybe people will compare it to other diamond projects or look at the the possible cash flow it could generate.
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