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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 mill44on Jul 14, 2016 1:47pm
111 Views
Post# 25053033

RE:RE:To the longs

RE:RE:To the longsEkim, it's about how you put it. He said that we have things confirmed and those make a good case to build a mine. If we get help funding the road, if we really get fancies as the statistics show as a good possibility, if we prove up more pipes as economic, those just make the case even better.
He is selling a base case with chances of nice upsides. He is not trying to sell you dreams.
That's how it should be. That's the project.
We, as shareholders, should be concerned with the SP. In the long term, the project will set the price. Short and medium term there will be a lot of factors that will influence it. A big one will be how they finance the next step(s). Because of this people with different timelines should approach the stock differently. There is no benefit to the longs hiding the risks.
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