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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 Aug 09, 2017 1:53pm
91 Views
Post# 26561949

RE:RE:RE:what are the next steps after drilling results ?

RE:RE:RE:what are the next steps after drilling results ?I think the last 3 rights offerings yielded about 300M shares. Put 50% of that in Fredlands' hands and you still have 150M shares that were issued at 10c and 21c. Excellent drilling results will definitely  move the SP, but to what point? There is serious resistance at 20c, 30c and 40c. What can provide enough momentum to move the stock over all that and some to make buyers feel confident enough that the stock will go even higher? Drilling results? Those drilling results have to be more than fantastic.
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