Peregrine Diamonds Ltd. PGDIF

RE:RE:RE:RE:RE:RE:RE:Phase 2

[mill44]

This is why I proposed to point out in the post if you are talking about the company or the shareholders - SP. The diamonds are not going anywhere, true. But that only works for the company, not the share price. PGD can raise money on their own and do more work, they can put the project on ice until things turn around. There are options, for sure. But only one option would work for us and that's money from a third party. The reason? As you pointed out, developing a mine is expensive and takes time. At this point I would say that the shareholders are short of money and patience as well.
Cudjo is talking about shareholders, you are talking about the company. Both of you are right, but only one is relevant to us for now because Cudjo's points are the most likely reason why we trade at 15c. We will all be smiling when most people who look at the stock will see the numbers behind the project and not on the chart. For that, the company has to stop directing the attention back to the SP. I am fine, they can stop giving me discounts. The rights might be the fairest form of fundraising in Robert's eyes, but it does not work for me. It's like paintings. A lot of painters starved to death, just to see their paintings sell for millions after they were gone. Kill the rights already, I want to see my millions.