Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals

"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."

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Peregrine Diamonds Ltd. > DDC is a buy

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Post by oiltaron Jul 19, 2016 7:32am

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Post# 25064241

DDC is a buy

From: james flannigan	7/19/2016 7:31:25 AM
	of 13385

DDC is a no brainer strong buy. while I do not like the JAY pipe from an economic stand point,they stock is very undervalued.The stock trading is not all that liquid trading ony 100,000 shares yesterday.Given the fact that the company will buy back $70 million or 6 to 7 million shares starting Wed its a great chance to buy shares today before the company can and know you have a future buyer at a much higher price. Regardless if DDC has or has not a great future the market has handed investors a future capital gain as the stock not being liquid caused the 52 week low SP range and that situation will reverse if a larger volume of funds flow from investors combined with the company funded buy back. James