Peregrine Diamonds Ltd. PGDIF

Kaiser seemed negative

[blackbart26]

Kaiser discussing  PGD. " It'll will be interesting"  was they type of comment

[Kodiboy]

How do you surmise from that comment, that he is negative? Thx

[northmark]

I don't think Kaiser is being negative, more like frustrated. He knows, as do the Friedlands and we shareholders that Chidliak will be a diamond mine with the potential life well beyond the 10 years outlined in the PEA. The brothers are holding their cards close. I just want to see Eric in front of a camera to explain PGD's game plan. 

[Kidlapik]

Im convinced Eric and Roberts plan is to get as much money out of this project as possible. Why sell any of the project at a huge discount? Especially when they can just fund this themselves, pick up even more shares and get even more of the money in the end. PEA at THIS point says can get $1.2billion in cash just from digging down 260metres. Why would they give any of that away just to make

[mill44]

You might be missing something here. What they are doing is giving the flippers their wet dream. Just the last 2 years they gave them a few chances to make 100-200% within months. The general consensus is, that based on fundamentals, the SP should be 100-200% higher. Every time it is forced down, like it has been by the last 2 financings, it will have to recover because of that. Who do you think

[Kidlapik]

Im not arguing one investment strat over another. I am saying the Friedlands are in total control of this and they dont have to make any kind of deal. People are talking about a sale to DDC or sell part to somebody else to fund this. Why would they ever even consider that unless it was at a price that they felt represented the asset that they very much know is their? When they could just do

[Kodiboy]

Kid, u r obviously right on the money and Tuesday's event is an extreme example of that...have to wonder why they even attempted the CC without the desire to assure it was done correctly and in the face of it hopelessly failing, why no desire to atone for that by having another one. What many saw as perhaps a good financial baking by the F bro's, probably have second thoughts now...to

[Trump4Real]

This post has been removed in accordance with Community Policy

[mill44]

Yes, that is true. That's how it has been for a while now. The first time I had the impression that they don't give a damn about anyone was a few months after Robert got involved. My hope is that they will be afraid of losing control if they go ahead with a new rights offering. I would expect a huge supply of shares and rights if they try that and I cannot believe that there is no

[blackbart26]

"Fustrrated"  is not good.  I means sell.

[blackbart26]

The tone of his comments and phrases such as "it'll be interesting to see."