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Bullboard - Stock Discussion Forum Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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."

Bullboard (GREY:PGDIF)

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Comment by griefmanon Jul 10, 2018 6:25pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:More EKATI Layoffs

I’ve said many many times, to each their own. I’m not putting anyone down for holding this as long as they can or want. Not for me, doesn’t make your decision wrong, just different. So please, don’t ...more  
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Comment by griefmanon Jul 10, 2018 6:14pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:More EKATI Layoffs

Yea I thought we were having a somewhat normal conversation and then boom, negative jab.  I guess its easy to see who’s having problems sleeping at night, and it ain’t me!
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Comment by schocoron Jul 10, 2018 6:14pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:More EKATI Layoffs

I agree that was a good one. You either have faith in the brothers - perhaps based on Robert's past, multiple successes - or you don't. I do. You either have years to wait, or you don't. I ...more  
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Comment by cudjoon Jul 10, 2018 6:08pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:More EKATI Layoffs

it took 5 months from washingtons first bid to conclude Dominion.  PGD says it has been talking to companies for over a year and a half, doesnt take as long as you imply schocor, trouble here is ...more  
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Comment by griefmanon Jul 10, 2018 6:02pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:More EKATI Layoffs

About ten seconds and she said yes! WTF does that have to do with anything?
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Comment by schocoron Jul 10, 2018 5:24pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:More EKATI Layoffs

How long did it take you to close your last diamond mine financing deal griefman?
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Discussion
Comment by griefmanon Jul 10, 2018 5:20pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:More EKATI Layoffs

Again, I don’t disagree with your outlook...you may well be correct. So, what’s holding this thing up, I can’t imagine they, whoever they are, would be negotiating this long with management.   ...more  
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Comment by schocoron Jul 10, 2018 5:05pm

RE:RE:RE:RE:RE:RE:RE:RE:More EKATI Layoffs

Conversely, if you are in the diamond business, you probably need a new diamond mine in 5 years in order to keep your marketing operations supplied, otherwise you might get pushed out of the lucrative ...more  
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Comment by griefmanon Jul 10, 2018 4:59pm

RE:RE:RE:RE:RE:RE:RE:More EKATI Layoffs

I don’t disagree with the notion we may need a new one in 5 or so years, but now is not really a good time to try and sell this to investors as they have the upper hand, so as some have suggested ...more  
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Comment by schocoron Jul 10, 2018 4:50pm

RE:RE:RE:RE:RE:RE:More EKATI Layoffs

I don't think we are building a new diamond mine right now. WE MIGHT BE IN 5 YEARS TIME THOUGH, which might be the time the world DOES need a new one - the current large producers are quite lonin ...more  
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Comment by griefmanon Jul 10, 2018 4:43pm

RE:RE:RE:RE:RE:More EKATI Layoffs

Not sure what you’re sighing about? Look at the worlds demand for all types of SUV’s, that has caused Ford to sell only a few models of sedans going forward in the next year or so, one being the ...more  
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Comment by schocoron Jul 10, 2018 4:26pm

RE:RE:RE:RE:RE:RE:More EKATI Layoffs

Demand for diamonds is down considerably in the last 4-7 years - the decline is as bad as it was in 2008-2009. Rapport tells us that the demand for large stones (+4 carat) is strong, and the market is ...more  
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Comment by mill44on Jul 10, 2018 4:10pm

RE:RE:RE:RE:RE:More EKATI Layoffs

In a free market the price goes up and down to find a balance between supply and demand. Griefman is right about one thing, there is no assurance that the price is going to go up again. Right now the ...more  
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Comment by schocoron Jul 10, 2018 3:20pm

RE:RE:RE:RE:More EKATI Layoffs

Sigh. And if the interest in investing stops, then what? Commodity get scarce, price goes up, and maybe investment picks up again? If the market was good for the commodity and the diamond market wasn& ...more  
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