Peregrine Diamonds Ltd. PGDIF

Confidential agreements

[oiltar]

Means other companies get inside information on each other.DDC said they were logical buyers of diamond assets.So we do know by media reports DDC was talking with SWY.But DDC got its letter of interest on Feb 21 from Washington.So SWY would now ( at the time) know about it and that might have taken the merger off the table as DDC would be fighting off its take over and might not be able to take over SWY.

PGD told its shareholders after the DDC Feb 21 date and stated it was in talks with more than one diamond producer to move Chidliak forward.They also upgraded the exc's package if ownership of PGD were to change.

So it might just be that SWY and PGD were in talks to buy PGD and merge SWY and PGD into DDC.
TALKS miltiple producers? Three way deal?

But a monkey wrench was throw in on it by Washington.So that has likely taken DDC out of the deal.But if SWY knew DDC was in play in Feb then they might have still stayed in talks to buy out PGD.

As we have seen today the multiple moves today in the gold space by Kinross,Barrick,Exter,and Gold Corp. Consolidation on multiple fronts could be in the diamond space as well.

If DDC is gone SWY will likely take a run at PGD

[lovecarats]

Finally someone else sees what has been so obvious for so long: Matt Manson's ego is to be king of Canadian diamonds. That is why he maintyains a pricey court of 12 Vice presidents! Unbelievable, but true. Incidentally folks, Matt has ordered a new sample plant for the Renard minesite for 2017. Now doesn't that sound weird since they have one already? Could be for Chidliak bulk sample

[cudjo]

Ego is the word LC, what is also possible, and more likely IMO. is swy is a "model" for pgd moving forward, 825 million shares over at swy......"In discussions" with various parties does not have to mean M&orA, it can also mean in discussions with institutions for financing.  Without a partner, it is a slow hard go, Friedlands will not sell this on the cheap, the

[investtoretire1]

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[Kidlapik]

I would only participate in another rights offering if it came with a warrant whose lifespan was such that the 2018 PEA update was out prior to expiration. None of this 6 month warrant nonsense.