Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:RE:RE:RE:RE:Cash position

[mill44]

People look at fundamentals and see only one option. I agree with that but I look at a few other things when I am considering the future.
Let's say everything turns out as well as we think and PGD is on it's way to become a producer. But how? Will peole jump in instantly to finance or will they wait to see what PGD does next? Looking at history and where the interests point, it is probably smarter to hold off with any offers until another financing comes and scoop up 50M shares at a big discount then make an offer. Of course, PGD could do the right thing and wait with the financing. Now the other party is risking that someone jumps in before them, so maybe it's not so smart to wait any longer.
As you see, it is not enouh to get a good PEA to get out of this funk, you need the right steps from your leaders, as well. I would bet, looking at the trading, that that's where the market sees the big risk.