Peregrine Diamonds Ltd. PGDIF

RE:RE:From Will tonight - anyone know how he know severance change

[ekim]

Definitely a few things pointing toward a buy out...in no particular order.

1 - Tom has been groomed to move into KZD in a full time capacity.
2 - Moved out of a legal leased office space into a rental space. No lease attached to the company anymore.
3 - Reduced, eliminated misc. positions (front desk/admin/IT staff)
4 - Brought a board member onboard who was instrumental in PGM takeover.
5 - silently increased the buy out of top positions of company in case of change of control.
6 - No new stock issurances. Acquirer is not interested in new shares to deal with even if it means a bigger treasury.
7 - Those tax benefits of already expensed items is significant and beneficial to the acquirer.
8 - BHP database? No idea if this would have any value.
9 - BHP royalty buyback means no 3rd party anywhere to be seen.
10 - Active negotiations disclosed with multiple entities. Just says to help advance Chidliak...doesn't say how.
11 - Silence.
12 - turnkey winter programme prepped and ready...and no mention of implementation of execution plan. 
13 - Friedlands are not developers...they are discoverers. 

Quite a sparse list wouldn't you say?

I believe I've mentioned that most...if not all gains will occur in one news release.

Maybe within the next 2 weeks...maybe not.

LONG....PGD

EKIM