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"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."

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Peregrine Diamonds Ltd. > News! Work starts!

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Post by pennyoilking on Jun 19, 2017 7:55am

News! Work starts!

When will stock take off?

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Comment by Silverwhere on Jun 19, 2017 8:28am

News link: https://www.marketwired.com/press-release/peregrine-diamonds-commences-2017-work-program-at-chidliak-tsx-pgd-2222429.htm cudjo was W R O N G

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Comment by MrBigger on Jun 19, 2017 8:28am

Going to issue another 40,000,000 shares to finance a seasons work. Thats if they get 20 cents a share. Massive dilution ahead. Too bad as the deposit has great potential IMO.

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Comment by griefman on Jun 19, 2017 8:53am

That news is interesting as Eric is taking out a loan at 12%? 12% per annum, correct?

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Comment by cudjo on Jun 19, 2017 9:40am

Eric loans because the banks wouldn't touch this with a 10 foot pole, announced before the financing because nobody will touch this with a 10 foot pole as a partner, now 40-50 million more shares coming your way and the slide to under a dime while the longs wait till 1st quarter for results. Good Luck

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Comment by MrBigger on Jun 19, 2017 9:44am

Don't know about a dime, perhaps a flow through offering at 25 cents. No matter what way you slice it they are the Pay Day Loan type clients of the mining explo business. $300 cash money for $20!! Soon will have 400,000,000 in the float.

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Comment by cudjo on Jun 19, 2017 9:49am

good point Mrbig, good luck.

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Comment by Silverwhere on Jun 19, 2017 9:44am

Whatever coodjie woodjie. Cover & turtle on the sideline as usual Sally.

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Comment by Silverwhere on Jun 19, 2017 8:53am

"Going to issue another 40,000,000 shares to finance a seasons work. Thats if they get 20 cents a share. Massive dilution ahead" Or not MrBigger. You do not know just like cudjo did not know jack.

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Comment by griefman on Jun 19, 2017 9:37am

market reaction so far is ho hum: Real Time Quote Level II PEREGRINE DIAMONDS LTD. (CA:PGD) Size Bid Ask Size 13500 0.170 0.180 27500 9000 0.165 0.190 20000 43000 0.160 ...more

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Comment by cudjo on Jun 19, 2017 9:48am

oh humm kodi because it is really meaningless, think about it, the PEA last summer was supposed to be the launch, remember the 'train leaving the station'? When that immediatley fizzeled and died, remember the conference call, rothflmao, THEN they discovered new nuggets of info in the PEA they missed before, extremely professional. Some hopes were being pinned on 7's breakage ...more

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