Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:The numbers

[Kidlapik]

Im not trying to be disparaging to your position Cudjo but you have to admit this discussion does come down to those two factors. If you feel there is going to be a rights offering or if you feel there is going to be some other kind of financing.

I have already expressed my position regarding rights offerings numerous times along with the investment time frames I am comfortable with here. They are not in line with yours, thats it.

Your input clearly shows you believe a rights offering is pending, okay then, what should you do? If your not prepared or able to contribute to a rights offering you should what if not sell?

Also you and mil did a pretty thorough job bringing up the dilutive aspect of rights offerings and its affect on the share price, not sure what you expect the counter point to be there. I have stated what I do to address the risk of a rights offerring and I am comfortable with it. If you feel it a losing investment strategy fine, you are free to have your opinion but dont make it seem like your opinion is the only right opinion on something that has not been determined yet. It doesnt change the fact that we are exactly where I stated in my last post; waiting on whether it is a rights offering or a deal......thats it.