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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 Kidlapikon Nov 19, 2015 2:42pm
119 Views
Post# 24306428

If history repeats itself

If history repeats itself
Then share price should hold up until Nov.26 followed by an immediate plunge to exercise levels. As we are entering major tax loss selling, those of us that are sticking around, may have a chance to buy shares below 0.10 and ride free on our rights for the bulk sample results hoping for a jump well above 10 drastically lowering our cost per share position. As was my strategy for the 0.21 offering I am only holding as many shares as I have the cash to exercise my rights. Once the rights are in my account, if I see share price drop below strike price I will pick up shares up to the amount of shares I have rights for. If the CH-7 news boosts share price I will then sell shares to exercise my rights.
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