Post by
northmark on Jul 21, 2018 8:54am
JK comment
This sums it up. “In any case it is a relief for everybody involved in the junior diamond sector to see Peregrine Diamonds disappear, because the low market valuation for what Peregrine has accomplished at Chidliak from scratch has been a wet blanket for the sector. Investors have been asking themselves, if the Peregrine valuation is all that you get after spending more than $60 million exploration to deliver fundamentals a PEA says is worth $679 million, why bother exploring for diamonds?” JK
Comment by
maintenance1 on Jul 22, 2018 2:20pm
Although I have been out for a while, it is sad to see this. There was time I thought PGD would do very well. Hopefully there will be better offers coming. Best of luck to all.