Peregrine Diamonds Ltd. PGDIF

RE:RE:my 2 cents is......SH are deserving a news update

[mill44]

But we are broke, Northmark. If PGD does not accept that, it will be hard to make a deal and the market knows it. Let's say we get the money together for the next year. Then what? Eventually one interested party will use the rights offerings to accumulate a position for a lot cheaper than any of the offers probably were and that will come out of our pockets, not Friedland's. This is either as good a find as the Friedlands think or not. If it is, someone will get in at low tens because the way they communicate they will not get the shareholders to pony up enough to continue going. If it is not, then it does not matter because everyone loses.
I would rather have PGD reach its potential with half of Chidliak than being grossly undervalued for years to come.