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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

Comment by mill44on Oct 26, 2016 8:42pm
103 Views
Post# 25390482

RE:RE:RE:RE:RE:RE:RE:Horribly wrong? Or fairy tale?

RE:RE:RE:RE:RE:RE:RE:Horribly wrong? Or fairy tale?Potential often gets wasted. Timing, money, wrong choices, who knows what else. Potential means it can, not that it will.
PGD's current state doesn't even mean that the market does not see the potential, just that people think it will cost shareholders to realize that potential. It is not even neccessarily about PGD not having options as Cudjo says, but that the preferred option might be the same they chose a few times already.
People talked about IVN's jump after the company said that it was exploring options. Do you really think that PGD is not doing the same? The difference is that if PGD mentions that in a news release, the Friedlands will be out of one option and maybe they don't want that. Ok, maybe not out, but the incentive to do it will be gone.
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