Peregrine Diamonds Ltd. PGDIF

Where will it go now ?

[teddygva]

Well these time I am a bit confused about PGD.
I believe in PGD in the long run to raise high but I wonder what will be the sp in short term...

Anyone can enlight me ?

[mill44]

What is short term for you? The rights are very short lived, done in 5 more trading days. Maybe some people will shy away from them because of the 3-day settlement, but some brokers might start to liquidate the unexercised rights by the end of the week. Will it affect the SP? Lots of resistance above 16c, but also lots of news in the next while. How much will Sprott end up with? What's under

[griefman]

Well, let's see the SP is either going to up or it's going to go down....

[mill44]

Actually, very short term the SP might just stay right here.

[teddygva]

Thanks. I don't think Robert Friedland will do much with this company. He is busy elsewhere. Clearly his brother doesn't have the same skills. Billions in the ground for PGD but still price very low. The best that can happen now is raise of diamond price, big majors to invest in PGD and PGD to acquire another project to diversify location/activity. When I read their history (I hold since