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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 cudjoon Jul 03, 2018 1:19pm
120 Views
Post# 28263000

RE:RE:RE:RE:RE:RE:another day, another week, another month

RE:RE:RE:RE:RE:RE:another day, another week, another monthwhen did they announce they were attending the Sprott conference?  Wasn't too long ago if memory serves, so that begs the question why Sprott if your going to partner?  Would you announce it there? What good does that do if you have secured a partner with the ability to take it to a mine?  Waste of time then IMO.  You would go to the conference to do one thing in particular IMO, secure financing. Hard to believe the conference would be used to sniff things/partner out at this point.  IMO, beginning to look like one of 2 things, Sprott promotion as they intend to participate in a financing, and then promote it, a PP, which leads to more dilution, or another rights with a back stop by Sprott once again. Either way, a flood of new paper.  If a PP is the plan, and if they can arrange enough to take this past a FS, regardless of the hundreds of millions of new shares, the company will not be drifting as it has for the past 2 or 3, from one work plan to another, and with a Sprott actively promoting, could help the dime stricken retail shares get out.  If it is to promote to do another rights for another 10-12 million for more "work" this winter, or a small program of what will be left of the summer on Baffin, run forest run.  It is then pretty much over for the retail long.
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