Peregrine Diamonds Ltd. PGDIF

Done and Done

[ekim]

Public institutional investment in PGD is officially at an all time low.

I suspected AGF sold off its final shares...but that has now been confirmed.

Public institutional ownership equals = 0%

It can't get any lower then that unless public institutions take to shorting PGD shares.

LONG...PGD

EKIM

[griefman]

Mike, what can one infer from that realization? What kind of signal could that be presenting?

[ekim]

From a fundamentalist perspective, the idea that a 1/10th penny sheet of paper can represent a virtual ownership in a company where the large players holding this green fiat currency on behalf of clients that hold the true ownership in reality...but what is reality anyway?.....and none of this fiat paper is deemed worthy of this 1/10th penny sheet of paper has far stretching consequences if you

[mill44]

Maybe someone who has access to Kaiser's report can post it, just for people to have an idea about how institutions might look at PGD. This forum represents the retail's view of PGD and only that. Anything that is said about what institutions think about the project is mere speculation unless it's backed with something like Kaiser's report. If you only look at what's happening,

[griefman]

Yikes Mike, quite the ear scratching scripted history lesson and deep philosophy in your response. Might die, might not...Oh, now I know what the 1 of 2 things Cudjo has been spouting forever it seems. Oy, I'll take only one...life. Makes you wonder outside of our little forum if anyone knows anything about Chidliak, which of course is ridiculous, right?

[Silverwhere]

mill . . . you must have an answer as to why PGD has no institutional support. Is it because the F Bros own too much of this sweet pie and that scares them away . . . . leaving only us retail gamblers?

[northmark]

" I no longer had confidence that the interests of PGD's major shareholders were aligned with those of minority shareholders."  JK    

[mill44]

It's one thing to take bigger risks with your money and another with clients'. You need to be able to trust management in order to fork over millions.

[griefman]

I kind of wonder why JK had any confidence at any time with PGDs major SH's to look after the "little" guy considering the track record of Robert F., who obviously only cares about his wallet and has a small conscious IMHO.  But, I guess one can still make a nice little profit in the end if you play your cards right.

[mill44]

I always thought that the Friedlands are more of a detterent than advantage in our case. As long as there is a threat of more of the same no one is going to risk investing in PGD. We need a third party to counter their influence to realize any of the project's potential.