Peregrine Diamonds Ltd. PGDIF

RE: Called

[cudjo]

PGD is on care and maintenance and has downsized, no one in the office, not even the secretary who is supposed to put the whole winter program together.  Read the last NR, has been downsizing since 2015. PDAC is bride shopping.  Recommend the pumperdoodledoers stop, your looking really silly, think of your reputations after all.  Ollie is now bashing, please refer to earlier posts. He has finished dumping, look for him to punt this around for a good while. Mil, option 2 is about right.

[griefman]

Cudj, if you think Mills option 2 is about right, why would you be shorting?

[cudjo]

Kodi, go back and read mils original post, see 2,  Good Luck

[griefman]

Ok, just to be sure we are talking about the same thing, this line: 2. No winter program - basically telling the market that there is no more support from them, the project is up for sale Are we on on the same page?

[griefman]

Cudj, by the way, do you think this is a prediction by Mill or not a prediction: a. Sale/JV - a lot of happy campers because I don't see a price lower than 60c, unless it goes to one of Robert's companies. Doesn't SEE a price lower than 60c....

[mill44]

Kodi, if you have actually read my posts and not just commented on the fact that I wrote them, you must have seen there that I see that the biggest obstacle for an outright sale, quite possibly for a JV as well. Paying 3-4 times premium in today's conditions in the diamond industry is a pretty big wish. I do see a possibility for an agreement to pay for the winter program for a later buy-in

[griefman]

This is what you wrote: a. Sale/JV - a lot of happy campers because I don't see a price lower than 60c, unless it goes to one of Robert's companies. Where is the word hope in there?  You wrote these words and I'm commmeting on what you wrote, not what you meant.  What seems so clear to me is a huge mystery for you, why?

[mill44]

The mistery is that you still look at the list as predictions. Like I said, they are possibilities. Some have bigger chances, some have almost 0. There has not been any indication in that post about what would happen, hence no prediction. I made predictions before and after, but not there.

[griefman]

Ok Attila, so you are the only one in the world who makes a list of "possibilities" whereas everyone would call them prediction?  So tomorrow's weather is going to look like this: 1) snow 2) or rain 3) or both 4) windy 5) calm Oh, I'm not predicting, just making a list of possibilities... I finally get it...oh I'm so stupid!

[mill44]

Good for you Kodiboy. Finally. The same way if you said that PGD would either go up, stay here or go down tomorrow would not be a prediction.

[mill44]

Don't beat yourself up, Kodiboy. The main thing is that you finally get it.

[griefman]

"Yup not a "mistery" to me anymore. Oh Mill, can you at least admit to spelling mystery wrong?

[mill44]

Yes, I can Kodiboy. English is my 4th language, I make mistakes. What's your excuse for your spelling?

[griefman]

4 languages, smart you are! Attila, still get the message wrong...

[mill44]

Yep, I am. But I thought at least that would not surprise you. You came to that conclusion a long time ago. Even said that there is no one smarter than me. I think that is a little pushing it, but who am I to judge that?

[griefman]

Mill, do you Remember when  you told ne to buy IVN about a year and half ago when it was under a buck?  I did, did you?

[ekim]

Tick tock Kodi and Mill...you guys probably only have another 1.5 to 2 billion seconds to enjoy life. Do you want to waste it here? LONG...PGD EKIM

[griefman]

Mike....good one.   Im retired, I'm getting old, not Gauwd old, rest his soul, and getting even more honery in my old age, you should have tried dealing with me when I was younger!  Royal pain in the butt...

[griefman]

Ah, I would agree with you, unless the weather person actually predicted the amount of rain or snow and the speed of the wind, or the results on the conditions, which I purposely left out to make my point, you didn't leave out a price, you made a prediction of price and also made an opinion of what would be the result of two of the options not being, not sure the exact words, not good for us.

[cudjo]

my point has been obvious for quite a while, there will be no winter program, I can't guess, and I won't, what the bros have in mind, but once it becomes painfully obvious to the longs that winter did not come this year, Ollie has bailed already IMO, we will see a race to the exit (starting .... as time is a wasting, no announcement this week, what happens Monday, will longs still believe?

[griefman]

CUdj, let me get this straight, you say you are shorting this stock, yet you believe they are going to sell it, so you must think they are going to sell it for less than the current SP?  Is that correct? oh and early next week you will cover?

[mill44]

If Cudjo shorted the stock, holding out for a few more cents pushing it past the next week would be pretty dumb. In my opinion, shorting this for a few cents when an announcement is imminent is quite risky anyway. Sentiment might push it down toward 10c, but the fundamentals will win eventually and push it back up from there. That's my prediction.

[cudjo]

percentages mil, few to go, as you say, fundamentals are there, a reason to go long, pick your spots, stick with them, never look back.

[griefman]

Mill,this what Cudj wrote: as time is a wasting, no announcement this week, what happens Monday, will longs still believe??), then who knows.  I will cover and contemplate the next move.  There is no if in there?   You just dont get it do you? You only want to believe you are always correct and you're not, no one is!

[griefman]

Mill wrote: If Cudjo shorted the stock, holding out for a few more cents pushing it past the next week would be pretty dumb. Ok Attila, he did short, where is your retraction?  You were wrong, yes, no? Admit it, you're human aren't you, you make mistakes, don't you?  Just once I'd like to hear, I'm mistaken, don't even have to say I'm wrong, just mistaken

[mill44]

This is your day, Kodiboy. Here you go, I made a huge mistake when I  told you how I saw a big risk in SWY pulling back. If I could take it back I would. I regret getting involved with you. Are you happy now?

[mill44]

Again, Kodiboy, there is nothing to get there. Here is my post, translated to you: if he shorted (like you said, take everything said here with a big blob of salt), then it makes sense to cover next week. People who waited for an announcement will give up, the ones who go with fundamentals don't care. Waiting longer is taking unnecessary risks because the fundamentals and low price will

[cudjo]

kodi, shorted because I believe there will be no winter program, and once that becomes apparent to the longs hanging on by thier teeth, crash boom bah, cover, then assess situation.  Low enough, long again.  Will I be right?  If I knew the answer to that, if anyone knew the answer to this, we would all be gazillionares like slippery, too funny, and not be here for a discussion, good

[Silverwhere]

cudjo . . . sell the toy you bought for the wifey then put 10k on this bet. She will thank you profusely when you buy her a NEW one with your Silver winnings. Buy a brand new shiny silver one on me!

[Silverwhere]

3>>> https://www.stockhouse.com/companies/bullboard?symbol=t.pgd&postid=25814514

[mill44]

That is an option, Cudjo, but my prediction is that it won't happen. It just does not make sense to me based on all what they did until now. If all what they wanted to do is to get the PEA out and sell, then why not make it as optimistic as the others did? Why keep it so conservative? And why not try to fix the conference call, which wasn't much of a call because no one was able to

[griefman]

Mill, did you actually just say that: That is an option, Cudjo, but my prediction is that it won't happen. 

[cudjo]

good point mil, maybe just not a priority for them, put it into care and maintenance and revive it when they have the time and interest, diamonds aren't going anywhere, or drive it so low by ignoring it, and privatize.

[cudjo]

or they have a sale lined up, no winter program, then who cares.