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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

Comment by mill44on Sep 08, 2015 1:38pm
100 Views
Post# 24086121

RE:RE:NAR presentation

RE:RE:NAR presentation
The main thing is that if you invested in these stocks in 2011 you would be out of most of your money. If you invested in an S&P index fund the same time, you would have doubled your money, at least. I know it is not fair to use that period because commodities peaked right then but it tells you that fundamentals are not enough on their own. On PGD you would need a home run and with NAR a triple just to get your money back. To make any money, you would need not a miracle but at least 2.
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