Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:another new low

[cudjo]

there is a lot of things at play here, not just locaton, not just junior markets, not just management picking a lowball price to finance, all of that yes, and the major issue I see is the size of CH6 pipe and lack of information from the management team into the investment community (promotion).  Good news from bulk sample on 7 and 44 is going to be required to make a mine.  CH6 can't be a stand alone.  If PGD is not taken private, which I believe is the intention of the major shareholders, then as a shareholder, I would be voicing my displeasure at the lack of promoting to Wall Street etc.  No overburden, no lakes, a winter road to build and a low cost (in comparison) to putting a mine in Chidlaik.  The investment community isn't aware of any of this IMO.  Poor communication and maybe Robert does have all the skill and Eric only the dream, who knows.  How much more difficult would it be to building a mine on Baffin Island than a remote area in Africa with no roads etc.  I would say a mine in Baffin would be easier to build because of the location, Canada.  Not much has come from their office, too soon maybe, but never to soon to promote.  I am surprised at the lack of volume today, was hoping I would be able to move in, we will see next week.  If news next week IMO, it will either move this north or sink it until they finish spending the money they raised or decide to move on taking it private. GLTA