Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:RE:RE:RE:volume

[ekim]

Reality is settling in and the analysts are running some real numbers instead of what they have been told by FS reports.

Remember that MPVD p&ssed on www numbers in favour of the higher DBC numbers when it came to Gahcho Kue. 

It appears they managed to convince the analysts that that was a good idea.

PGD hasn't had to try and improve what WWW says about CH-6.

"Given the number of large stones in this parcel, and their relatively high value, even the high modelled price may be considered conservative."

WWW says that their own high modelled price may be considered conservative.

Don't think they said that with Gahcho Kue stones.

I think the main problem with the analysts...is that they get all giddy when they have some cash flow numbers to work with no matter the robustness or validity of said numbers.

I believe one response I had from an analyst in the diamond sector upon questioning if they follow Chidliak at all...was basically....No, we don't follow Chidliak because they haven't given us numbers to crunch.  They are basically looking for someone to hand deliver numbers so they can run a financial model as opposed to figuring out the numbers themselves and give an opinion. Anyone can run numbers that other people give them and run a financial model. Not everyone can know what the numbers mean and how reliable they are.

LONG...PGD

EKIM