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Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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

Peregrine Diamonds Ltd. > Question for All
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Comment by mill44on Jun 09, 2016 1:15pm
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Post# 24951236

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Question for All

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Question for AllRights offerings are considered fair to all shareholders because one can sell their rights if they decide not to participate, thus getting compensated for the dilution. Pgd shareholders never had that opportunity. Whoever did not want to pony up more had to dump their position. The result was lower and lower prices in spite of a nice progress with the project. Forcing someone to put more money up without knowing a time frame or a limit to their participation is hardly fair. Why do you think that Ekim's prediction of the prices bouncing back to the thirties did not happen? The last bounce to 37c was most likely because someone misunderstood what the Chinese were buying.
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