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Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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

Peregrine Diamonds Ltd. > all you can eat warrants at half penny
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Comment by cudjoon Mar 26, 2015 11:05am
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Post# 23564099

RE:all you can eat warrants at half penny

RE:all you can eat warrants at half penny
the problem with all these warrants trading is none of the new owners, if they exercise them, will buy and hold IMO. Any news going forward will be pounded by these shares as they sell into news for anything over a 8-10% gain. TD had a large wall up just a few days ago, will be interesting to see the walls after the 6th. Second issue that is obvious is the sellers do not see any upside here for a very long time. Connacord has probably told their investors to sell and take what they can get for the warrants.
I will dump what I have on anything over 23-25 cents, giving me another +30% gain. Taking profit on a play is never a bad idea, set your targets, pull the triggers and let the lemmings hold and pray, that is what is happening here IMO. GLTA
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