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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. > Why I still have some optimism
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Post by justanormalguy on Jun 14, 2017 3:31pm

Why I still have some optimism

"The Company is currently in discussions with a number of groups to finance future work programs, while these discussions have been encouraging there is no assurance that they will come to fruition. The scale of future programs will be modified accordingly and at all times will ensure that security of property tenure is a priority."

From May 11, 2017 MD&A

Except for the botched conf call, Tom historically has been pretty reliable and conservative in his statements.  I hope history is sign of good future, and that they have a contingency or too, hopefully ones that don't destroy value.
Comment by mill44 on Jun 14, 2017 4:21pm
I would not call what I feel optimism, more like denial, probably. With their numbers and looking how the rest of explorers are faring, I cannot believe that under a dime is a real possibility. It took some serious effort to get us where we are today. An indication of how bad it is, there is one thing for consideration. Usually Ekim suggests a stink bid at a ridiculous price. Not now. Probably ...more  
Comment by ekim on Jun 15, 2017 9:28am
I don't think anyone could be a shareholder of PGD without at least a dash of optimism. So many other things to invest in. The world is awash in investmentable products. The diamond sector, let alone the Canadian industry, let alone a company like PGD is a very small drop of water in a huge bucket. LONG...PGD EKIM
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