Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:Robert Friedland quotes from last fall.

[greex27]

Robert isn't here for a double, he's here to hunt elephants and I'm not here for $1.00 either. IMHO It's a $2.00 stock at $0.40...I know, I know, there's a long way to go but we're going to get to the tonnage with a combination of 4-5 pipes, DDC etc...are running out of material, the supply demand curve is in our favor... Is it 1-2 years away, yes but that's why we get to buy at $0.40. $2.00 is (IMHO) an absolute but I do love to blue sky a much greater value. As we get close to the PEA and a real assessment of what we have, the market will arrive, they just see no sense tying up any money in a story that still has 12-24 months to evolve. The wildcards become either a discovery of another district or if a company like DDC decides that they best not wait for the entire story to be written before they JV or buy us out.