Peregrine Diamonds Ltd. PGDIF

Robert has the backing clout

[oiltar]

Robert positioned him self as PDGs largest shareholder(for good reason ).I was told that financing Chidliak to a mine was not going to be a problem.Robert is in bed with these guys already in IVN.They want more deals says the CEO.When the CH-7 numbers come in its a good bet Robert will show them and do a deal with them>

Zijin Mining to Accelerate Overseas Deals: Chairman

[ekim]

They have money. They just shelled out 250 million this past week as business as usual for them. Deep pockets. Ekim

[MrBigger]

250 for what??

[ekim]

Acquring assets from desperate companies looking to reduce debt. -- zijin EKIM

[maggie6359]

Friendman has to win, that's how I figure it.   Has to - and is not going to risk losing just to keep his brother happy. 

[xDeBeers]

Seems unlikey that a gold explorer in China would diversify to diamonds in Canada. They would do better to stick to what they know. Gold. 

[ekim]

IVN is not gold. These are not explorers. Financial backers to move projects into operations withgood economics and more than likely commodities destined for chinese consumption and govt happiness. Ekim...not sure what the govt take on diamonds is. 

[xDeBeers]

Was talking about the chinese company Oiltar said may invest in diamonds. They are a gold company.

[mill44]

Not exclusively. This is from their web page: Zijin Mining Group Co.,Ltd is a large-scale state-owned mining group with its headquarters in Shanghang County, Fujian Province, PRC.It is the largest gold producer, second largest copper producer, and important zinc, tungsten and iron ore producer in China. This is from a post on IVN board (credit goes to st_esteban): https://www.bloomberg.com