Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:Not a happy camper

[oiltar]

I don't think ekim works for PGD.He is like the rest of us an outside shareholder who thinks the deposit is worth investing in.From a geologic stand point he is right.But paper being dumped has taken a good story and turned it into a bad deal for its shareholders.PGD knew that 10 cent paper sets a floor just under or just over that price.

The delay in results another company policy shift from the "PARTIAL RESUTS" bone to smooth over the issue price of 10 cents when the shares trade at 17 cents after a recent drop from 25 cents(some one knew the issue was coming and bailed out before we lemmings were told) raises serious questions as to who told who.

The big part of this situation is why after 10 years the man who discovered the renard deposit and Chidliak bailed out just before results of the 10 yr question of an ecomomic diamond mine is about to be answered?

I conclued that he did not think it was worth sticking around for the answer OR maybe he did not want his name attached to the creeping take under of PGD by its major shareholders who will ride to the resque when the share plunges to 5 cents in the name of saving PGD from market conditions were the share price was too low to finance a mine no matter the results so they had no choice but to protect thier invement .

When you lower your share price from 42 cents to 10 cents and it was not because the market conditions set the price,but rather a price  set by the major shareholders,then logic raises questions WHY?

I read some were were Robert Friedland said the market was full of "idiots"

I think he is right and I might be one of them