Peregrine Diamonds Ltd. PGDIF

Market is voting

[oiltar]

The market is telling DDC it does not want the Jay pipe to go forward.DDC is betting the farm on a pipe that is at best sub- economic.DDC ignores Chidliak at its shareholders expence:

Dominion Diamond Corp. (DDC) fell 67 cents to $15.93 on 540,000 shares. Dominion is just off an encouraging quarter but its stock is off nearly $9 in less than two months. The company has an ample bank account to weather the storm but it will be facing some big capital expenditures in the next few years at Jay and A-21

[Kodiboy]

James, that's it, c'mon you gotta have more this morning, ok?

[Kodiboy]

Someone via CIBC bringing her down right now, stop it!  

[ekim]

CIBC did some selling (those iceberg type sells as they were flagged). Holding up quite well (knock on wood) considering the TSX Venture index keeps hitting new lows on a daily basis. The market has been hit so hard...normally one would expect to see a lot of margin calls and selling across the sector...but I don't think the losses in these stocks are that signficant on an individual basis

[mill44]

There is no margin in penny stocks, so no danger here. The ownership structure is the reason that it is not collapsing. It is also the reason that people will not spend 100$ to take a chance. People here have no reason to sell anymore. But if one decides to sell, like I said when the shares where tallied up, it tanks the stock. Example Keep.