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Bullboard - Stock Discussion Forum 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 Discussion

Peregrine Diamonds Ltd. > Healthy churn
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Post by ekim on Jun 03, 2016 9:15am

Healthy churn

If you look at the volume for all of may and times it by 12 months you would have turned over every single share in the public float (sans friedlands and insiders). Now we have two more days of big churn. Maybe a bit more churn, but I got to think the positioning heading to the pea is almost set.
long...pgd...ekim
Comment by mill44 on Jun 03, 2016 9:59am
To me the last 2 days point to a lot of people being perfectly happy with a 100-150% gain, not really willing to risk going for more hoping for a deal. The PEA might be the next stop for a lot more. If no deal is announced by then, it's decision time for management, rights offering (unless Robert is willing to pay more through a PP) or put the project on ice until someone shows some interest ...more  
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