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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 Oct 13, 2017 9:34am
123 Views
Post# 26808940

RE:RE:RE:RE:Close kept the 14 cent alive

RE:RE:RE:RE:Close kept the 14 cent alive

market is giving zero value to the 'discovered' kms in the region, zero value to CH1 for example,  which initially lit a fire under pgd., and not much consideration to 6 and 7 despite claims made by pompoms.  Remember I am long at the moment.  None of it would be broken up in any sale IMO, as to existing value, remains to be seen what the actual value of 6 is and no one is going to give the bros a whack of cash for it with it being unknown, and it is in reality, an unknown at this point, hence all the 10 cent financing, massive dilution, no institutional support, no analyst coverage and low share price despite goldfinger bro involved.  Talk about a 5 dollar share price, a 3 dollar share price is criminal at this point, best case scenario for this is a buck at the highest with the dilution here now, and for what is to come to proceed to a FS etc.  And that won’t be seen, a buck, without a deep pocket partner and diamonds coming out of the ground.  Remember, there is hundreds of millions of dollars that have to be spent, hundreds of millions of dollars, just to get to the point of production….  that is IF the diamonds throughout 6 are what pompoms claim, IF….. 3/5 bucks, please….short term, if summers program diamond results come back all nice and pretty, possibly a partner and then maybe 30-40 cents, if they come back meh, dead money, but the pumperdumperdoodlerdoers will all continue to spread horsesh1t to the moon.  Keep it real folks, that way you will never be disappointed,  good luck.

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