Post by
MrBigger on Mar 29, 2015 4:24pm
Lets be serious though
DDC and MPV and DeBeers will mine out their deposits in Canada. What then?? PGD and KDI both have to be considered prime takeover targets. PGD is by all measures extremely cheap right now. DDC could aquire PGD right now for minimal paper for next to nothing.
Comment by
ekim on Mar 29, 2015 5:01pm
DDC has the strongest paper right now. Stock has gone up and a takeover of Peregrine Diamonds at a premium of some sort would not necessarily cause havoc on there share price. MPV on the other hand. A premium as deemed by the market would probably remove a few dimes off the MPV share price. EKIM
Comment by
Fivecarat on Mar 29, 2015 5:28pm
It's just kinda ridiculous IMO to keep throwing out possible suitors, where does it stop? Heck, didn't Jimmy Patteson recently invest some coin in an exploration company? Maybe he's in china right now?
Comment by
MrBigger on Mar 29, 2015 5:29pm
Yeah much more sense for DDC at this point in time, MPV has enough on their plate for the next several years.