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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 cudjoon Jan 22, 2016 12:08pm
134 Views
Post# 24484325

over 31 million

over 31 millionrights in play since the financing announcement.  17.6 sold prior to pipe 7 news, almost none after. None of these rights were bought by management, I suspect most of them were bought hedging 7 would be great and they would have made a tidy profit.  Most of these purchased IMO will remain on the floor.  See all the posts here on just that, risking .005 cents was childs play, if 7 comes in great, rightous, if not, no big deal.  Last financing we had insiders exercising before deadlines, none of this has happened here yet.  IMO, they will fall short of the 7 million and you will see another financing before the beginning of summer at less than half of where this is now.  Good Luck longs, in my opinion its going to get uglier still.
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