Peregrine Diamonds Ltd. PGDIF

RE:Nunatsiaq News Article - Nov 25, 2016

[cudjo]

Thanks CapitalJ, confirms what was posted here before, sad however, that shareholders have to get thier news from a news story instead of from the company. " Peregrine Diamonds will spend between $15.5 and $17 million developing the Chidliak site and conducting additional bulk sampling and pre-feasibility studies"  "Pre" Feasability, then "It will cost between $50 and $75 million to go from here to where we need to get to, Peregoodoff said, eyeing potential mine operations commencing in the next four to eight years." with a total of 486 million more to build.  With this "news", and the sorry lack of updating its own shareholders, its pretty obvious this is going to be done with the people who live and work with Peregrine, its sloppy, but is close to home when this type of information rolls easily from the lips of management.  It becomes natural conversation around the office so it flows naturally when talking to reporters and your excited. For me, only one thing can happen.  Look for dips on tax loss selling.  GLTA