Peregrine Diamonds Ltd. PGDIF

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"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."

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Peregrine Diamonds Ltd. > Kaizen Discovery?

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Comment by greex27on Dec 30, 2016 2:11pm

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Post# 25654516

RE:RE:RE:RE:RE:RE:RE:RE:RE:Kaizen Discovery?

That's certainly a real option but there's a fair bit of risk and I think they're prepared to give up some of the upside to share some of that risk. Right now they are sharing that risk and upside with the balance the retail shareholders and if they have an opportunity to make a buck and ride for free by way of a JV I think they'll do that. They aren't fools, a bird in the hand is sometimes better than two in the bush...While they may have the ability to do this on their own, they'd rather share the risk and give up some of the upside than take on all of both.

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