Peregrine Diamonds Ltd. PGDIF

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

[schocor]

Cudjo - I didn't imply that you never said it would be a mine. You did say that DeBeers was the party that pulled out of the last negotiations (false) but I will not begrudge you that point. I am quite underwater on this stock - as is everybody that has owned it - but I do know a fair bit about the diamonds business, mining, the North and the Friedlands; and up know what? I still feel good about this one - better than ever actually. I doubt we will see the "craze" that we did with Diamet and I also doubt this will go to $4. But its a good project and the value is in the ground, the community is supportive - its time to explore the rest of this VAST convecting mantle that exists under the claim block. So you want to trade in this stock - fine. It would seem to me that we both agree that the next "leg up" for this stock will be a JV announcement. Owning stock prior to that announcement would thus likely be an advisable strategy - good luck with the timing. Personally, I hope you mess the timing up and the train departs without you - but that's just me. Happy new years.