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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 by User

Bullboard Posts
Post by xDeBeerson Aug 04, 2013 8:55am
312 Views
Post# 21649068

One mans journey with the PGD share price.

One mans journey with the PGD share price.Hello everyone. Here is my journey with Peregrine Diamonds starting at the very beginning:
  1. I worked for De Beers Canada and searched for kimberlites on Baffin Island in 2004. Alas we were at the wrong end of the island. :-|
  2. I left De Beers in 2005 and around the same time I noticed some very capable explorationists did the same and started working for Peregrine.
  3. Shortly after Peregrine started finding kimberlites in their Chidliak project.
  4. The geochemical and kimberlite indicator mineral sampling results on this project were fantastic.
  5. In 2009 I bought $25k of shares at 62c. A few weeks later the CH6 mini-bulk sample results were released and the share price took off. I bought $100k at $1.00 even.
  6. As the positive news kept coming I bought more up to $2.69.
  7. The share price went to ~$4.60. But alas, my research (and greed?) saw me ride this down to less than I paid.
So here we are now, and I am holding onto this thing until someone starts mining the diamonds from this group of kimberlites. Diamonds are rare don’t you know!
P.S. Glad I found this group. There are some very insightful and accurate posts here in my opinion.
Bullboard Posts