Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:gap up?

[Kidlapik]

Yes I agree there will always be people looking at it just for quick trading. I think the problem that exists for those people right now is that it was quite easy to do this with PGD for the past two years because every rise was met by a sell off so it was simply a matter of Oh it climbed? Sell. There it is back down buy again in anticipation of the next climb to sell as the market was very negative on the play.

Right now no range has been determined. will it be .36-.38? Will it be .38-.42? Probably why Mill and Cudjo been so quiet lately. they have absolutely no idea. Maybe it jumps to .42 and people think oh thats gotta be the cap, sell, then next week its .52 oops.

At this stage with fresh money, a fresh project(botswana), largest bulk sample program since 2011, and fresh exploration money raised there are a ton of scenarious that could impact share price.

For people that have specific targets of profit they want to hit and walk away this represents a great opportunity. For people that want to make profit only to re-invest back in the company at some lower price they believe will happen after a pullback right now represents a complete unknown zone compared to the last 2-3 years.

For me I am in it until valuations and a PEA are completed because I believe the fair value of this company, based on all the technical information, will be shown clear as day in the PEA and the market over the last 2-3 years has been more about emotions and market movers than about the actual project.

I would welcome anyones guesses as to where the price will settle and what the range will be.