Peregrine Diamonds Ltd. PGDIF

Brexit is PGDs best friend

[oiltar]

The Brexit will cause a mild global recession and cause diamond prices to weaken in the next yr.
This could force DDC to shelve the JAY pipe.Then PGD has in public view its high margin PEA ore ready for a mining phase and DDC will buy out PGD for paper.

A few days of weak markets then its business as usual.The Brexit did not replace Debeers RIO or DDCs reserves and never will.

Hold PGD for the PEA or sell me more cheap share if you want.

[jamesbay]

The Brexit vote will cause a 3 hour dump, and a recovery by afternoon....all this hype is media generated.... The UK accounts for 4% of the global GDP...the Brexit isn't going cause the UK to roll over and die...there will always be an England

[Kodiboy]

There are immediate effects easy to see, long term not so predictable for the region as a whole going forward...

[mill44]

England will be there, no question, but the markets don't like uncertainty, that's the biggest problem. Tell them to wait 2 years to figure out what will happen and this is what you get. You can expect all the central banks coming out today, let's see if that can calm the spirits. The market might hate uncertainty, but loves QE. Which one is stronger?

[jamesbay]

you are probably correct.....the only members of the EU, that want it to survive are the have-nots, the one with the most to gain.....in essence liberals who love others money......the EU has familiar ring to it, similiar to Canada in many respects

[cudjo]

who would have thought, Lithium is a safe haven like gold, all my lithium stocks are up.  PGD has taken it hard, but may recover to 20/21 today, markets in NA are weathering the storm pretty well.