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Peregrine Diamonds Ltd. PGDIF

"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

Post by cudjoon Mar 21, 2018 11:02am
91 Views
Post# 27753227

Options for company

Options for companyforgot to thank you kodi for Wils thoughts, thanks.  

With the lull in action, news and sp, its interesting to sort out options for moving forward.  1) More of the same this summer with another rights, retch,  fund a "pre" feasability work program, only if they still can not come to terms with a major and need to "show more glitter" to justify the asking price. 2) PP for the above, retch again. no matter what IMO, if just a summers program, partnering is no longer an option or plan then, IMO, bros asking too much as not moving into a banking feasability study at this stage, useless and even more destructive, "pre feasabilty", that is a joke, all the work done up to date is a "pre" feasability study, working on 1 and 44 can been done when the teasury is making money from 6 and 7, with an operational plant, DMS etc etc, makes financial sense.  3) Rights to fund to FS, game set and match, going alone, no question, no partners, IMO, over and out, dead to retail forever. 4) FS funded with a financing with a "Sprott" entity, still dilutive, but  an invested partner other than the bros. 5) Partnering with a major, best option for the retail longs, maybe not the bros plans. We should know soon IMO.  Good Luck.
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