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Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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

Peregrine Diamonds Ltd. > JK
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Comment by mill44on Nov 16, 2016 1:39pm
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Post# 25469800

RE:RE:RE:RE:RE:RE:RE:JK

RE:RE:RE:RE:RE:RE:RE:JKEkim, whenever people talk about rights offering, they say that it is the fairest form of fundrising because it itreats everyone the same way. You want to participate, you get the discounted share, you don't or you cannot, you get to sell your rights and get compensated for the drop in price or percentage, whichever way you look at. PGD's offering has not been fair yet because the rights had no market. US or Canadian, if you weren't in, you were screwed.
If they manage to pull of a JV, the fair thing to the shareholders would be to spin off any other projects they might have their eye on and let people who invested in Chidliak decide if they want to finance whatever dream they might have outside of it.
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