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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. > 50 Shades of Despondent
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Comment by mill44on Jan 27, 2018 8:20pm
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Post# 27448362

RE:RE:RE:RE:50 Shades of Despondent

RE:RE:RE:RE:50 Shades of DespondentActually, the longs should be the ones getting excited with the small move. The extra couple of cents should be enough to provide an opportunity for management to finance their next step with rights offering without completely destroying the SP. Unless my fear was warranted and the end goal is minimal share price. But if their greed has limits, then 10c is the worst we will see. No partner, 10c rights offering. Partner, all our problems solved. So don't underestimate the importance of the 1-2-3c rally.
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