Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:RE:From Dundee's Diamond Conference

[Gauwd]

Cudjo, we will never know why Dundee dumped all those shares into all the good news, but I agree, after keeping the lid on this, and IMO, crushing the share price and contributing to more dilution than neccessary, pumping it now to their clients has a really bad smell and lousy optics for them, especially with Ned connected to both. 

Your correct when you say nothing has changed during the time they dumped millions of shares and now are promoting.  Makes their end game really confusing, maybe they just see a double back to 40 cents, then continue the same.  Simple is usually the right answer.  That is why for someone new to PGD now, it could turn into a double, but for the longs....  I have to say I feel management really doesnt give a $hit about the small players (compared to them) who have been here a long time, why would they...

My problem with this investment is simple, we will get only a tiny bit of news towards the end of this year, then nothing for a very long time. Then more massive dilution.  Unless the MM can work some magic, I dont think there will be any value in the warrants so I will be putting what I can salvage into other investments if we get a run. 

Good Luck

MHR