Peregrine Diamonds Ltd. PGDIF

For those who have a relatively large position

[griefman]

Let’s say over 100K of shares, not $ value...what would precipitate your exit strategy, what event?

For instance, are you more apt to get out if the price goes down or if it goes up, both in the 30-40% range?

Im not discounting investors who have less than 100K of shares, I just think that the price could or might be more likely to be effected if a lareger SH made a decision either way.

Does that make sense?

[racer-x]

$1 or $2 if Dominion comes in as a partner but not selling there, $10 for a buyout, or wait 20 yrs for $20/shr, I have over 100,000 shrs.

[aea257]

How do you come up with $10. on a buyout? That's almost 5 billion for some land. Willl this include a mine that is built too? I would love to get $10/share also but I can't see that happening. Can you lay it out for me? 

[racer-x]

Figuring $10B net in Ch 6& 7 that's $20/shr, and $20/shr in rest of pipes, for a buyout my price today is $10/shr, 100 million carats total at Chidliak.

[greex27]

I would think the number of shares shouldn't matter all that much. If you have more shares you might not be as nimble but I suspect the goal is the same. I have a few shares and I think that my short term target to take a few shares off of the table might be in the $0.60 range. I'd like nothing more than to follow this to production to collect a dividend but I think we'll have to rely

[mill44]

Unfortunately it's not that simple. The number of shares held counts for most people. Even for people who see no value in day trading the movement and really believe in the project. It is easier for someone to sell 100k when it goes up if they have a lot of shares, especially if they want to see it to the end. If it falls back, they buy back. If it goes higher, they still have enough left to

[griefman]

Mill expressed it well and that’s why I choose 100K shares to trade during one trading session. Like today, should have posted the MD, but at one point if you wanted to rapidly sell your 100K shares I think the SP would have gone down in a substantial way because of how slow, sparse, trading was today. I can only imagine how difficult it would be to “get out” if you had 500K shares on a day like