Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:.20

[Kidlapik]

I dont think anyone should be surprised that the price dropped to the rights price and fluctuated a bit below.

Share holders with rights can sell an existing share and purchase a share that comes with a warrant so I can see where some people will go hmm even if I sell at .20 and I exercise my right at .21 my warrant only needs to be a bit higher to remedy that, effectively paying 0.01 for a warrant.

Cant wait for this Rights stuff to close so we can get back into geological dissection, in my opinion that last news release and the drill results are being completely under played. 10-20% increase in size to CH-6 is a ridiculessly big deal, $30-mil insitu value for a deposit that even at this extremely early stage is inferred at over $3-billion......sorry if you didnt have the money to exercise all your rights or dont have the money to exercise all your warrants in the next 6 months, great opportunity for those of us who do.