Peregrine Diamonds Ltd. PGDIF

DDC at 52 week high?

[oiltar]

From: james flannigan	4/2/2015 8:50:20 AM
	of 9432
DDC at 52 week high? They would be wise to use that paper for more diamond assets.The reason they sold Harry Winston was to invest in new mines in Canada.They have not made any move yet to replace reserves in new mines.With its paper now at a high value it would seen the time is right to do a deal.Top on my list is PGD.Post the Harry Winston sell PGD has now demonstrated clearly Canadas new high grade high value diamond mine.DCCs paper would be welcomed by the PGD shareholders at the right conversion.I as always do not rule out a bid by RIO,Debeers and now with the share price recovery DDC. James

[MrBigger]

DDC have a lot on their plate currently. They probably have their eye on PGD especially because of the Lac de Gras holdings. They may not be in any hurry though.

[ekim]

Be interesting to put a scrubber on both DO-27 and Jay Pipe to get a concentrated kimberlite from each site and then pump it through one of the 2 existing mills. That would be a lot of diamonds coming out of that mill being fed by 2 heavy concentrated kimberlite sources. EKIM