Peregrine Diamonds Ltd. PGDIF

RE:Exploration dates

[mill44]

Shneps, care and maintenance only makes sense if their intention is to sell the project and only that. My understanding is that they don't want to. That does not mean that they won't if the price is right, but apparently that's not their main goal.
The way I see it, they are in talks with potential partners, with Robert as a backup plan. And that's where " the majority shareholders' interest is not aligned with the minority sharholders'". They are perfectly happy with the share price drifting lower during the talks because their money will buy more in case they will have to use it.
I stated this 4 years ago and Ekim can tell you that, and I will say it again, the Friedlands have no intention of supporting the price, it has no benefits for them if they have to pony up most of the money. In that case the only real appreciation for small shareholders wil come at the end of the game and that if they allow us to stay until then. People who have no intention to stay to see a mine should stay away from this or gamble a small amount only because there will be more pain until you see the gain. It works better for the Friedlands that way. They are the guarantee that this will be a mine but that comes with a cost to us.