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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 Jan 03, 2018 11:27am
95 Views
Post# 27270904

RE:RE:RE:RE:RE:RE:RE:RE:DeBeers

RE:RE:RE:RE:RE:RE:RE:RE:DeBeerscould have been any number of companies, I agree, what is interesting, is an HQ pulled, obviously because they did not like the risk or terms or both, or whatever, somethig gave them a second look. Now on your comment of 10 cent rights for years and years, yes, they can, but why would anyone ever invest in this, me, you, Sprott, any institution, etc.  Do the math, they need a half a billion to build, at a dime, that represents how many shares exactly?  Why would anyone hold this if that was the case, can only be a constant swirl around the drain without ever seeing a stopper, there is no money at the end of the rainbow in that senario, the dilution would take care of that, and sorry..... its been bad times for "pgd" for many years now, not diamonds. when is that excuse going to stop?  Like the flu, the psychosis is spreading.  Best of luck in 2018
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