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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 Kodiboyon Nov 05, 2015 1:20pm
96 Views
Post# 24262795

RE:RE:RE:Has to be some leakage going on

RE:RE:RE:Has to be some leakage going onCan't say there is not a leak, but from what we know in the past few years or more, a leak is not plausible out of this processing plant.  Not going to be so naive to say absolutely no, but I would be very, very surprised.  When the price was reaching .25, people were saying the exact opposite, must be a leak and the results must be fantastic, instead of now saying they must be not so good.

So when results are released and they are bad to horrible, then we might lean that way, but based on what we know and have experienced with other bulk sampling, the results probably will be more positive than negative unless we were all completely fooled, and I guess that could be possible as well!

Why the big selling then?  Like I said in the past, some people just need a reason to sell and they see a downturn and they panic, but that probably doesn't account for these kind of volumes before news, so who really knows.  Maybe the timing of someone needing the cash just happens to be right now?
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