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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 cudjoon Jul 10, 2017 4:38pm
102 Views
Post# 26452572

RE:RE:RE:MIA

RE:RE:RE:MIAmaintenance, 6 is a nice pipe, a nice tiny pipe, they will have to double it to get the shareprice back to 20 cents with the summers program.  Without 6 doubling, this will never be a mine. Dilution is the problem, the next step after a new PEA, and don't forget financing the PEA,  is a FS, another 30 million, where is that coming from?  Another dime financing?  480 million for a mine, 100 million for a road, sure, a rights offering now is just what this dog needed, too funny. All the pumpers here will tell you, just like they have been, a partner, a partner will save us. Management has not had a foot on the ground since 2014, now, suddenly, they need to put feet back on the ground, WHY?  Open your eyes, they trashed the PEA from last August, lets start a new one, because, simply, they went to the market and the market told them they need more diamonds, all the while, the pumpers are taking you for a ride.  It is what it is, at least shareholders get to participate, minor set back, nothing but setbacks here for years, sheesh, talk about lemmings.  Sad day.  Good Luck.
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