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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

Post by uLYSESSon Jan 17, 2015 10:02pm
183 Views
Post# 23332196

agree with all, on the plus and minus side

agree with all, on the plus and minus sideThe market never lies .. that is always the first rule.

So right now, you can buy all you want for .15-.16, etc., regardless of everyone's vision of the future ...

Not sure how this stock went from .80 to close to $3 and Eric on BNN, to where it is now ... those of us in then, came very close to a Dia-Met situation-

But so far, not to be ...

Certainly bad luck given history of other mines .... to not find a cluster of CH-6s ... that is what turned off BHP and perhaps DeBeers ...

At this price, it may be worth it to nimble ....and see how this plays out ...

The problem is how many more years before a mine ... 5 or 10 years?

Unfortunely, there are many of these stories as you well know, on the TSX-V

What can go wrong, has gone wrong ... (see Western Zagros WZR-V) (Discovery of major oil field, but multiple legal, political, civil war, militant problems and issues ... .41 CDN down from IPO at $2.50 +/-)

Keep the faith

ulysess
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