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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 mill44on Aug 30, 2017 3:14pm
114 Views
Post# 26638745

RE:RE:RE:RE:RE:RE:Bulls

RE:RE:RE:RE:RE:RE:BullsThe problem Greex is not that they are not protecting the SP, it's that the low SP is in their advantage. I was afraid of this 3-4 years ago, and has been since. What you see with the market is a reflection on that. The better the project is getting, and the more time and money the Friedlands are investing in this, the smaller the chances for them letting it go. That means that they are going to finance it. Which means more rights offering. Then the only payout for shareholders is when this gets over the finish line. You become like a major shareholder except you will have no say in it. That suits only a select few, hence the interest you see.
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