GREY:PGDIF - Post by User
Post by
mjl777on Sep 22, 2010 5:51pm
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Post# 17481046
The Nature of the Beast
The Nature of the BeastIt would be nice if we all could safely predict what's in store for shareholders of Peregrine, but we can't. PGD could easily double on good news and triple or quadruple on great news. It could just as easily retreat back to it's 2010 lows on very bad news, for example, if the results of the CH6 and CH7 mini-bulk samples are disappointing. But PGD is hardly a 15 cent or even a 50 cent stock as Wong maintains, regardless of how you cut it. Hell, it was a 40 cent stock during the depths of the recession. Do your DD. I'm betting that Chidliak ends up hosting a world class diamond deposit, plus some interesting spin-off opportunities for shareholders. I'm also betting PGD gets a big boost from a source outside Chidliak.