Peregrine Diamonds Ltd. PGDIF

Transactions

[ekim]

Key transactions to date.

Cohen only partially exercised
Goldstein over subscribed
Grutter let his rights expire
Meredith fully subscribed

Cohen is more of a financial guy...not a diamond guy. Background historically with Dundee as well.
Goldstein is probably the oldest stakeholder at PGD. I believe he is well beyond retirement years.
Grutter sits on a  million options already...so has some leverage if this thing ever takes off.
Why do I mention Meredith? He is Robert's right hand man and IMO, Robert's indirect board representation.

Still a couple more to come in. Waiting to see what Pell does.

No doubt, this is still Robert and Eric's company. All other insider ownerships are dwarfed by the two biggies.

LONG...PGD

EKIM

[shneps]

I like to hear some opinions from others relative to the brothers ownership percent going forward. Can or do they now start representing all decisions making? What would the next level be as Robert has now gone over 25%. 50+% held by both? Would they drop the "whole ball of wax" like "a hot potato" for a few million each and burn retail by control through the two of them