Peregrine Diamonds Ltd. PGDIF

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

[mill44]

Kodiboy, my opinion is based on research and observation. The only reason I would change it is if someone found something that I missed and that something would substantially modify things.
The rare times you agree with me you always add that it pains you so my statement is valid.
The discussion with Shneps was if the market drives PGD or not and he asked my opinion. PGD trades on TSX so I looked at how TSX was moving compared to PGD. The only correlation I can see is the last year or a bit more but we all know that there where big material events with PGD that drove the moves and not the turn in commodities. Shneps compared PGD to Venture, so I did that, as well. There you can see a bit more that would support his view, but again, knowing what happened with PGD, I consider that coincidence. Both my posts were saying the same thing and basically the same you were. That's why I could not understand your comment about me.
Like I said, my opinion is based on observation, and watching PGD I noticed that there are trades (sell mostly) that seem to be influenced by the market (downturn), but the volume is low on those so they can only leave a print on the overall picture if PGD trades under 50k that day. To be honest, that's the reason why I am not too desperate yet, it seems that the SPdoes not competely represent the whole market's view at this point. You cannot disregard it completely though.