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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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. > 1 Million Shares Traded...
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Comment by mill44on Apr 09, 2015 4:48pm
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Post# 23614123

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:1 Million Shares Traded...

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:1 Million Shares Traded...You got in at 20c, and the only reason you could have done that was the pricing. Maybe the price would not have helped in exercising, but math is not everything.
I could say that if you are running a 1 mile race, at your top speed, you would finish the race with the same time even with 2/3 of the contestants starting at the half mile mark, so it would not really matter to you. Maybe for your placement, but that's just math. How about here with 150 million issued at 21c? What will happen the first time this turns south? what if a few will say tomorrow that 50% in 3-4 days is enough, let's scale back? How many will think that giving back the gain is not smart, so they follow?
If you participated in the last offering at 85c, it is pretty hard to agree that your chances would be the same if the warrants were to be priced at 30c.
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