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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 Kodiboyon Nov 18, 2015 10:45am
127 Views
Post# 24300632

RE:Interesting how people

RE:Interesting how peopleIf you are a long LONG, then what the flippers do should be of no consequence to you in the short term.

I think most would agree that if the news from the bulk samples are good, the price will get a bump, how much of a bump, who knows, but we know it will retract, they almost always do in this market. How much of a gain can the stock hold onto, depends on what the results mean to the topic of possible or not probable mine, or for sure mine, plus, next step in exploration or financing.

Yesterdays results are truly not that important to the overall scheme of things, there was no really great surprise or disappointment from them, they confirmed what the experts believed it would, plus some new stuff of course. As a result, no-one ran for the hills to get out and not that many ran to the bank to get a loan to buy a bunch...kinda a wash.

So, unless you are completely new and out of the loop in how this works, no surprise in yesterday's trading based on the results, and if you are a flipper, you are probably going to have to wait until next year to do yer flipping, most likely anyways. If you are truly a long long, you don't really care one would think, what the flippers do, that is.
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