Peregrine Diamonds Ltd. PGDIF

JK

[robybob]

So now he has a target of 20-30 cents?  And only if someone goes hostile?  I agree that Dominion as zero interest in us, they have enough going on and to keep them going for another 10 years or more.  DO27 may fit their plans later this decade, or next.

I also agree with mil, we will know by the weeks end if Friedlands pick up all the left over rights and fully fund this round, if they do, I do not expect another rights next time.  Institutions have bailed on them, if there are millions left this go round, retail has also bailed and a PP would be next.  Cudjos point of needing millions more seems in line with JK as well.  Only difference is JK sees a bottom and limited downside now, but then again, he hasn't been right on Peregrine yet.

I am hoping for a surprise valuation, maybe the fancy yellow broken diamond will push this to a great valuation.

[Gauwd]

Institutions bailed when DeBeers left, orchestrated by company with no free look Retail has bailed, see share price and possible further proof when the rights expire, to be seen, orchestrated by company with zero promotion, IMO. Millions more needed yet, the only way for long term longs to recover is to see it to the very end. Bail now, lock in losses. Cheap shares and paper will keep this

[Kidlapik]

I would have to read JK's full article before jumping to any conclusions. All we got was a snippet of one. He always envisions all kinds of could-happen scenarios. Doesn't make sense to me that he went from an 35-80c pre-results window to a post results envisioning of a 0.30c privatization. The results confirmed what was known and didn't give any surprises, except an unclear picture of

[cudjo]

Kidlapik "Friedlands are deal makers and they will have some heavy ammo in the PEA to work with." I agree that Friedlands are deal makers, I doubt if this is one project they will take to a mine, that is one problem, but please explain the heavy ammo coment.  Are you suggesting that one tiny pipe, 6, and a marginal pipe with 7, is actually the heavy ammo?  Why would you

[shneps]

I have to agree Cudjo. Never forget that R.Friedland has far more skeletons (companies) in his closet than winners. 50/50 according to "friends above". JMHO

[ekim]

skeletons and "friends above" Are we talking about god here or just some angel/ghosts. Love these posts. LONG...PGD EKIM