Peregrine Diamonds Ltd. PGDIF

RE:RE:Deep drill this summer?

[mill44]

I think people missing a point. The main question was if they have enough to warrant a mine. I think that was answered. If you take in consideration the size of the Friedlands' holding, do you see a chance that they will abandon this project? I don't. They will either sell it or build a mine themselves. I would prefer selling, it would be quicker and would not require more money from us, but that requires a buyer. Oiltar thinks that every player out there is coveting Chidliak, let's hope he is right. My understanding is that Erik is letting his brother do the dealing for him. Robert is good with bidding wars.
I am hopeful, but not as sure as Oiltar is. There is still no sign that holding is the right play here, but if you have the time and the money to go along with possible future financings, you will do well.
So look at your timeframe and funds when deciding what to do. I am not recommending buying yet, but if you are already in, selling might not be the smartest thing, unless you bought at 10c.
With a possible deal in the making (and you can bet they are working on one or more) or a mine being built, you might be selling at the bottom. Not to mention the PEA, which can only surprize to the upside, at least the reasonable people. The worst it will do is confirm what we already know, as the news before did.