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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. > Thats about it folks
View:
Post by myview1 on Jul 07, 2016 9:49am

Thats about it folks

Great resource, but no money to get there!
Comment by Kodiboy on Jul 07, 2016 9:54am
Myview, what do you have against this stock? Resource only slightly scratched, pretty much what they said in the early stages of Renard, only one excellent pipe, but we know now how that turned up.
Comment by greex27 on Jul 07, 2016 9:57am
I love your ignorance...that's twice in a week. If we put aside the fact that Eric and Robert have deep pockets and we put aside how well connected this group is and if we put aside the fact that money is always looking for economic projects and if we put aside the fact that DO27 is going to be sold to DDC which will top us up, then yes...you're right, we don't have the money to get ...more  
Comment by northmark on Jul 07, 2016 9:59am
and don't forget Botswana, that may bring in a penny or two
Comment by mill44 on Jul 07, 2016 10:03am
Botswana is a distraction now. It should be spun off with PGE to let people who invested in Chidliak advance the project without needing to finance more explorations.
Comment by greex27 on Jul 07, 2016 10:12am
Don't get me wrong, I never liked the fact that we took a detour to Botswana however in the short term if they find a diamond of any significance watch out. We're stuck in reality land with a slow grind to mine with Chidliak but with exploration, find something of interest and watch the price go to an irrational place...remember Chidliak at $4.00? For where we were at that time it was ...more  
Comment by mill44 on Jul 07, 2016 10:19am
Spinning it off would not limit your potential to gain. It would just separate the 2 projects. A lot of people would feel better knowing that their money is not wasted somewhere else. If they want to attract serious investors, they will have to do it eventually.
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