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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."


GREY:PGDIF - Post by User

Peregrine Diamonds Ltd. > 15 cents by Friday....
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Comment by greex27on Dec 03, 2014 1:42pm
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Post# 23190894

RE:RE:RE:RE:15 cents by Friday....

RE:RE:RE:RE:15 cents by Friday....In order to keep pace with dilution one needs to add to their portfolio at some point. Will the SP go lower, likely however the assumption is that the long term view of the SP will be much higher than it is today. For those that have warrants, there's no need to exercise them if you can save a few pennies and buy them in the market, if by the grace of gauwd the SP is higher than the warrants then a buyer will exercise those as well. I do know that the news forthcoming won't be anything material to the downside. The downside beyond the broad market appears to be well covered, supply and demand is in our favour, the increasing insider ownership, the quality of the management team and the increasing tonnage. Is success a certainty? No, but I wouldn't bet against it. Happy Holidays!!
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