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Peregrine Diamonds Ltd. PGDIF

Metals & Mining Industrial Metals & Minerals
"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

Peregrine Diamonds Ltd. > Like Diamonds - PGD is a story of survival and growth
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Comment by griefmanon May 24, 2018 1:08pm
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Post# 28076088

RE:RE:RE:RE:RE:RE:RE:Like Diamonds - PGD is a story of survival and growth

RE:RE:RE:RE:RE:RE:RE:Like Diamonds - PGD is a story of survival and growth In my crazy mind, dilution is when you add more to something, like adding a cup of water to a cup of milk, you are diluting the milk even though you have 2 cups of fluid.

Thus, if you have a million shares of XYZ company and it’s SP is a buck, and you add another million shares at 50 cents, you end up with 2 million shares, but now the SP is 75 cents...is that not dilution?

What am I missing?
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