Peregrine Diamonds Ltd. PGDIF

RE:RE:From Seekingalpha - Rio and Diamonds

[Silverwhere]

Thanks for these most interesting tidbits justanormalguy (finally had a few minutes to read through these two articles). Awesome stuff.

So now this BIG DOG is sniffing & his presence was felt this week. It certainly feels like things are heating up! Anyone else sense that someone is about to make a move on Peregrine? F Bros: let the (now obvious?) games begin publicly.

It’s time to let PGD glide forward & UP >>> from “hush” to “mush!” with a proper JV announcement.

justanormalguy wrote: And the article from Bloomberg...

https://www.bloomberg.com/news/articles/2016-12-08/rio-s-ceo-wants-to-buy-diamonds-but-finding-them-won-t-be-easy

justanormalguy wrote: No mention of PGD or other pure plays, but nonetheless a nice statement about future supply. Hey Rio, we got some nice ice diamonds, talk to the brothers.


"Even if Rio resorts to exploration, new deposits are so hard to find that most of the industry, which has spent $7B in exploration since 2000, has all but given up."

https://seekingalpha.com/news/3229603-bloomberg-rio-tinto-wants-buy-diamonds-easier-said-done