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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. > If this $ 18 US target happens
View:
Post by oiltar on Sep 06, 2016 8:26am

If this $ 18 US target happens

The DDC has the currency to buy out PGD:

BMO Capital Markets Reiterates “Outperform” Rating for Dominion Diamond Corp. (DDC)

 

Dominion Diamond Corp. (NYSE:DDC)‘s stock had its “outperform” rating reiterated by research analysts at BMO Capital Markets in a research report issued on Wednesday. They currently have a $18.00 price objective on the stock, down from their previous price objective of $22.00. BMO Capital Markets’ price objective would suggest a potential upside of 94.81% from the stock’s previous close.

Shares of Dominion Diamond Corp. (NYSE:DDC) traded down 2.43% during mid-day trading on Wednesday, hitting $9.24. 192,444 shares of the stock were exchanged. Dominion Diamond Corp. has a 52-week low of $7.27 and a 52-week high of $12.65. The stock has a 50-day moving average price of $9.09 and a 200 day moving average price of $10.45. The firm’s market cap is $788.50 million.

Comment by Kodiboy on Sep 06, 2016 9:46am
James, correct me if I'm wrong, but is this not the PGD forum, not the DDC forum?
Comment by cudjo on Sep 06, 2016 10:50am
unfortunaterly he has never read the story Boy who Cries Wolf and thinks he has some credibility left on internet boards because of some win he had years ago.  Sad that the boy clings to his hallucinations and displays it for everyone here. 2 to 3 weeks to go before door slams on winter and or financing announcement IMO.
Comment by MrBigger on Sep 06, 2016 12:04pm
PGD and DDC the 2 cheapest diamond plays in Canada besides well maybe Metalex.
Comment by ekim on Sep 06, 2016 12:54pm
You are not wrong Kodiboy. But what happens in the diamond industry effects PGD. Such a small industry. LONG...PGD EKIM
Comment by Kodiboy on Sep 06, 2016 2:55pm
I agree and disagree in that someone's exclusive opinion about a stock is not reality, but actual information such as a NR related to the boards stock might be helpful and interesting. Unfounded opinion is better suited to that stocks forum and one has to wonder why it's spilled over into this one? You can do what you like of course, I can't stop you, so just my opinion.
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