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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
Comment by Kidlapikon Jan 31, 2014 12:22pm
142 Views
Post# 22158631

RE:RE:debeers = anonymous?

RE:RE:debeers = anonymous?I dont understand the sentiments on this board sometimes.

Just a few months ago we were trading in the 35-45c range with volumes of 20-40k everyday..thats it.

Now we routinely move well over 100k shares daily in the 45-60c range....the people who bought at 35-45c are now being cycled out and more people will want to sell the shares they bought at 45-60c for 70-80c, then for 90-100c etc etc etc

How are people more frustrated now than when we were sitting on 35-45c with absolutely no news, let alone really really good news like our last two NR. So what if Dundee and Anon sell now, I say thanks for the cheap shares. Doesn't change whats in the ground, doesn't change whos managing it, doesn't change the location, doesn't change what the valuations are going to be.  So right now they are speculating oh its gunna be bad, I'm speculating this is a stand alone mine with just CH-6. So you either stand by your speculation based on your DD or you get shaken because Dundee or whoever Anon is doesn't believe what you believe, or they do believe what you believe but have the funds to make an even larger purchase at PP.

The train is moving, look out the window and enjoy the ride. Dundee selling? Good, get out. I will ONLY worry if I see Friedland next to the name of any sellers and they HAVE to divulge that.

What does your DD tell you? What does the market tell you?
Who you side with is up to you...

Bullboard Posts