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Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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

Peregrine Diamonds Ltd. > Jk on PGD @20:50
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Comment by mill44on Aug 28, 2017 11:01am
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Post# 26627970

RE:RE:RE:RE:RE:RE:RE:RE:Jk on PGD @20:50

RE:RE:RE:RE:RE:RE:RE:RE:Jk on PGD @20:50Maybe I can care less about comparable geology, Kidlapik. I do actually, but only when I ask myself why is PGD so undervalued compared to other diamond projects? It is not in a bad jurisdiction, it has the goods, so what's the market worried about? I think the problem is not the destination, but the journey. It's not about if the diamonds will be mined, but how do we get to a mine. What if the Friedlands decide (if they haven't already) to go alone? It could take 6-7 years for the market to reevaluate the project. You might be right one day, but that does not mean that Cudjo or I are wrong now or have been before. What if Cudjo buys 1M shares to flip right before the market reprices Chidliak? Time is not a negligible factor in this equation and fundamentals cannot help you with timing. Charts can. No one says that you have to go with one or the other.
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