Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Owning the entire Diamond Supply Chain

[shneps]

Sentiments exactly Kid.

One thing I was just reviewing is related to the PP's and rights offerings. Our stats man Ekim and charts man Mill may be able to attest to this also.
Everyone has stringently stated the last two financings as being 40 cents, dropping to 20 cents and than 20 cents dropping to 10 cents.Utilizing chart overlays of PGD and the TSX/V the observations I have made are as follows:

NR August 25th - (PGD price 0.36) over the next 3 months the Venture lost 30+% of its value, as did PGD
Over the next 6+ months the Venture more or less remained flat. PGD gained back 50-60% of its value over this period (avg).
NR Nov. 19th PGD 0.16, Venture has been losing another 25% of its value.
January the Venture bottoms, Feb. PGD bottoms.
Since February PGD and the Venture have followed hand in hand.

Yes coincidence that PGD PP supposedly sent stock from 0.40 to 0.20 (actually 0.36 to 0.19)
and then the rights offering from 0.20 to 0.10 ( actually 0.16 to 0.10). I believe the market played a much greater factor as PGD has always been able to regain its legs.

Overlay the two and set the dates accordingly. Shows alot, even to our contrarian Cudjo.