Peregrine Diamonds Ltd. PGDIF

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

[mill44]

The farther you are from the 21c strike and the longer you stay there, the harder it will be to get over it. The normal assumption should be for the period up until April a hike towards that target, then a stagnation or a drop, but I would not count on a move above that before the warrants expire, unless something stellar comes out. The question is from where, though. I don't see much chance for that.
In that case the big guns will exercise their warrants as planned, everyone else (or most) will let them expire. The season will procede as planned, yielding results as expected, then you will see private placements for further financing. This could have been the plan from the beginning. Like I said before, there are ways to make people do exactly what you want, the max what you might need to do is to point them in the right direction. Make them doubt, start to wonder and starve them from answers to their questions. Don't forget that after all, one of the reasons quite a few are invested here is that the people involved in this are pretty shrewd. Taking it private is not necessarily the only option to get the most out of the project. To be honest, at this point that might be the nicest thing they might do for us.