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Peregrine Diamonds Ltd. PGDIF

"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

Comment by robybobon Dec 31, 2014 11:59am
130 Views
Post# 23275743

RE:Flow Through private placement completed.

RE:Flow Through private placement completed.
okay, why a PP. We just raised 15 million, expectations from management HAS to be that the warrants won't expire without raising another 15 million. WTF is this PP? I know another 10 million shares on top of the extra 150 million they required for the financing isn't a whole lot but it is still dilution! How important was another 2 million at this point???? This stinks. If they need 2 million to pop a few holes this winter, they had 15.....
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