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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. > DeBeers
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Comment by greex27on Jan 03, 2018 6:19pm
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Post# 27275060

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:DeBeers

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:DeBeersThe rights price is immaterial AND existing shareholders have the right to participate...it really doesn't get any more equitable than that. They are spending money on building the asset which is necessary for building a mine or selling all or part of the asset. I would suggest that what you've seen is a focus on building certainty for PGD and any possible suitor. The money spent expanding the resource this Summer has returned a huge multiplier...If we have another couple of years of reaching in our pocket and building the resource the return on the additional spend will be well worth it. The Summer program and the future bulk program seems to be guided by "someone". Time will tell...
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