Post by
k22k22 on Apr 11, 2016 5:53am
Peregrine Exploration
After the PEA I don't suspect we'll see anymore rights offerings, Kaiser has eluded to that as well in comments he's made. It would make sense that the reason they spun off DO 27 into ''Peregrine Exploration'' would be to sell it off to provided financial support for initial mine development. There would have been no point in selling it before the PEA as they need this to confirm a mine. After the PEA I will not be shocked if we hear news about Peregrine Exploration being sold to DDC. Not the wildest theory that has been thrown around on this board.
Comment by
ekim on Apr 11, 2016 9:17am
True mill. I don't think anyone said otherwise. DO27 is in the lac de gras region.long...PGD...ekim
Comment by
k22k22 on Apr 11, 2016 9:22am
Exactly but the sale of DO 27 would benefit development of Chidliak.
Comment by
mill44 on Apr 11, 2016 9:36am
No question, any money not coming from financing is welcome, especially from something that is worth 0 right now. I was just saying that I don't see it included in the PEA.
Comment by
Kodiboy on Apr 11, 2016 10:21am
Why would it stand to reason they would have to sell the entire data base if the sell DO27. Would it make sense to sell DO27 in a time of strength not weakness? Are they that hard up for cash right now? As Will has said, some posters have come close, scarily close I think he said, when predicting the increase in CH6, so a prediction of PEA from said poster might be right on as well?!
Comment by
Silverwhere on Apr 11, 2016 11:40am
See guesses 4, 5, and especially 6 here: https://www.stockhouse.com/companies/bullboard/t.pgd/peregrine-diamonds-ltd?postid=24718613