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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

Post by mill44on Jun 27, 2017 4:28pm
126 Views
Post# 26410667

Nothing matters

Nothing mattersbut the money. I year ago when I said that the PEA and the numbers will be meaningless without news about money I was called everything from a basher to an idiot by Rocketred, Silverwhere and other exploration experts. Now we sit half a cent away from one and a half year low. We can talk about anything, try to demean anyone who says anything negative about the project or the management, but eventually everyone will have to see that the only way up is for the market to see a clear plan toward a mine. Otherwise all what you get is maybe an occasional bump.
Two-three months ago Friedland said that the negotiations were all but done. Let's hope they are only waiting for the ink to dry.
To be honest, I am a little surprised that the news did not make the faithful followers speculate on the loan. If you look through pink glasses, it wouldn't have been too hard to come to the conclusion that this was the only way they found to put some money in the bank without risking a legal action when they announce a deal shortly.
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