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Bullboard - Stock Discussion Forum Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."

GREY:PGDIF - Post Discussion

Peregrine Diamonds Ltd. > The company make private?
View:
Post by Silverfreaky on Sep 05, 2016 5:16am

The company make private?

How can he do this?What happens with the shareholder?
What stock price they get?
Comment by k22k22 on Sep 05, 2016 8:17am
As the controlling shareholders at the end of the day they can do what they want. Keep in mind it's not called saving, hell it's not even called investing, it's called speculative investing, you accept the risks. But I agree with Kodi, time is on their side, and for the most part there are several investors here who have that time on their side as well so time will tell. But I would ...more  
Comment by cudjo on Sep 05, 2016 12:10pm
At the end of the day privatizing this would be difficult and would probably result in some litigation from some of the longs unless a premium was offered by the bros, Robert has the bank account, not sure about Eric, but why use your own money when you can fund it publically.  Time is growing really short to put the consumables on site via sea lift in Baffin, expecting 2 announcements within ...more  
Comment by Kodiboy on Sep 05, 2016 2:04pm
Agree Cudjo, but it would not neccessary be difficult though in my mind, as they are very close to doing so as far as a share  % of the company already. Some people will be very upset and may take a legal stance, but really, not much of a chance of winning, but I'm no expert to say the least, just an educated guess.  Many will be happy if they are recent investors to finally know ...more  
Comment by northmark on Sep 05, 2016 2:12pm
  incakolanews.blogspot.com
Comment by Kodiboy on Sep 05, 2016 2:15pm
Sorry missed that northmark just posted it...