Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Apr 02, 2018 11:22am
137 Views
Post# 27814597

RE:RE:Guess ill expect 10 weeks silence

RE:RE:Guess ill expect 10 weeks silenceshneps, only if the pumping is unrealistic, I am long, will be as I do expect a bit of run from the hopeless to a PEA, I don't argue the resource because it is there, it is only management that is keeping the share price depressed with 3 massively discounted rights and hundreds of millions of dime shares, that is FUNDAMENTAL to this stock. If you don't think it is, you need to get off BB and go see a broker. I like the project, don't like what management is doing/not doing.  I am predicting another hugely discounted rights after the PEA, with hundreds of millions more dime, or less, shares, how does that help the share price?  A good strategy is to sell your dime shares, 12.5 cents in my case as a rights is useless to me, into a PEA rally, then short the guts out of it as management will offer another rights IMO.  They farmed out the CEO and now the CFO, why do that NOW, when they are on the cusp of greatness as all the pumpers want to believe?  Read what the company is telling us, tells me the price is way too high for any deep pockets, bros are comfortable with status quo.  Pretty weak hand for retail shareholders.  Numbers are big for a capex, yes, but hundreds of millions of dime shares will keep the cap on the share price.  If they can not find a partner at this stage, or are not really looking,  with these numbers, the price is too high and they are going alone, to go to a bank they will need a FS, 50 million according to the guru the pompoms all love to quote, 50 million more, wow, at a dime or less, think about that.  Then it will be 10 years or more before any long term long will see anything close to a buck, if at all, that is the sad truth, with all the good numbers being pulled out of the ground, this is a paper tiger now, will be a paper dragon, and your shares, destined to be a paper weight if no partner this year.  Good luck.
<< Previous
Bullboard Posts
Next >>