Peregrine Diamonds Ltd. PGDIF

RE:Warrant extension

[maintenance1]

These warrants are from a private placement. Warrant extentions happen when it is in managemants best interests. Our warrants will not be extended. The big three will excersize regardless of the shareprice on the 6th. I still think the warrants could be in the money before April 6th. I am not as confident of that as I once was. It is my opinion that PGD is worth far more than the current price. The efficeint market theory is fine for academics, in reality it is nonsense. PGD stock will go up. I am quite sure of that. Whether it happens before April 6th remains to be seen. I will definitly not exersize if the warrants are not in the money. The big three will.