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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 greex27on Aug 15, 2014 4:46pm
166 Views
Post# 22847972

RE:RE:RE:RE:RE:RE:Kaisers take

RE:RE:RE:RE:RE:RE:Kaisers takeI don't disagree that he shouldn't look after the short term but he would put his credibility and that of the company if he was out promoting constantly, this is a long winding road so it's best he bluster when it's necessary. The value of the company today only matters to those trying enter or exit and at your option you can do either, if someone was to buy out PGD do you see Eric allowing that to happen at $0.40...absolutely not, why? because he knows its worth way more, as do you or you wouldn't be here, but the market is busy chasing other stories and Eric can't prop up the SP by constant promotion.

By doing the offering before the news he is looking after all of the investors, Eric included. If there is no material news and the SP slips because we can't afford to do the bulk sample, where are we then? $0.20? so best no look at gift horse in the mouth (I'm thinking of Gauwd right now, I feel like it's something he would say) and leverage off the optimists, the longs and the summer news.

If the summer news finds something material to the upside and you've exercised your rights, will you then believe it was the right thing to do? And if it tanks...for the sake of PGD it was still, the right thing to do.

I'm sure you're not convinced... 

 
Bullboard Posts