Peregrine Diamonds Ltd. PGDIF

TSX-V

[mill44]

Anyone who is blaming the markets for PGD's price, look at SGF, it's up 100% from the beginning of the year. Same market, same sector.

[Fivecarat]

Of course it's not the market per se, no real news, no new exploration right now, tax loss selling, nothing to prop this up right now...it can only get better in time, simple really.

[ekim]

SGF is counter opposites to PGD. If SGF's deposit was at the same location as Chidliak it would be worthless. Only reason it has some life is because it has access to Road's, power, and will be a lot cheaper to mine. Has a huge amount of waste stripping to get through. Massive. SGF probably bottomed out when it virtually went on care and maintenance many moons ago. Since then, it

[mill44]

Back again to charts against fundamentals. SGF has nothing going on for it fundamentally, yet it looks better than PGD and is worth more, too. Management has done nothing to help it in the last couple of years, yet the price not just stopped falling but climbed significantly. If fundamentals are big, the only explanation is that people are stupid, no?

[ekim]

Speaking of SGF. You could have bought at 20.5 cents today and sold at 28 cents. Pretty big move for a company with 224 million shares outstanding. hmmmm...more then PGD currently has. PGD has way too many shares for it move 8 cents no?  How can SGF do it? Magic I guess....back in a fantasy world. LONG...PGD EKIM

[Gauwd]

the difference between SGF and PGD? Pretty simple really. Ask anyone you know if they have ever heard of Shore Gold or Peregrine and you will have your answer. Nothing magical, nothing stupid, all about being promoted and being known.

[ekim]

If I ask 10 people on the street if they know who shore gold is, it will be the same answer as Peregrine Diamonds. Zilch, none. If I talk to them about Dominion Diamonds...No. Harry Winston, yes, Ekati, Diavik, probably. De Beers, for sure. Gatcho, Renard, Stornoway, no, no, and no. Ekati and Diavik have 99.9999% of Brand recognition in the CDN diamond industry. That is it. Every other

[Fivecarat]

Not sure if the SP would be effected in any way if people knew who they were and not sure if you asked those same people if they knew Canada even produced diamonds! Sgf is in a different phase than Pgd, so not sure which SP is really that amazingly low?  Can u compare them, I don't think so.

[Gauwd]

fivecarat, if as many people who know about Shore knew PGD, my bet we wouldn't be at 16 cents. I think you would be surprised at the number of Canadians who know Canada produces diamonds, more than Oiler fans today.... Ha I slay me

[Fivecarat]

G, I beg to differ on both. Up untill not to long ago Sgf was lower than PGD, so how come with better promotion their 52 wk low is .11? Sgf needs a huge lender to the tune of almost 2 billion to continue to the mine build phase. Diamonds are there but very hard to get to.  From my experience and it's not like I know so many people, but most Canucks I ask have no clue about diamonds from

[mill44]

So we agree that to be noticed you need news, bad or good, anything.

[Gauwd]

Bingo Mil

[Fivecarat]

But you are talking about share price as a guide for recognition. 

[Gauwd]

I am saying that all we have left here is promotion, until bulk sample news this time next year, and into 2016.

[ekim]

The biggest number that Peregrine has to promote is rock value. $600 per tonne is top tier rock value. Unfortunatley NI 43101 forbids any reference to insitu values and that would include calculating a rock value. Australia is a bit more leanient..but Canada is extremely defined. So, you are left with trying to promote the 2 seperate numbers (grade and value). The whole is defintely better then

[Fivecarat]

Gauwd, I get what you're saying and I inherently and intilectually agree with you, but I just don't know what promotion they can do at this point that would increase the SP and I know you're saying, no, not SP related, but what do we have to gauge whether the news is making it to the right people without some form of market research and market evaluation, besides the SP? Any smart

[Gauwd]

I am not talking about share price, I am talking about promotion. In Shores history, the investment community, did and does know who they are, the investment community only thinks of Peregrine as a threaten falcon. IMO, if it was known as well as Shore, our SP wouldn't be 16 cents. Shame on us.

[ekim]

You may be onto something here...but it may not be CDN investors we need to look for. Here is a presentation from Shore Gold from the London conference last week. (Mines and Money show). https://www.shoregold.com/_resources/presentations/2014/London_Mines__Money_Presentation-_December_2014.pdf Touting there 34 million carats @ $242 per carat deposit. Those 2 numbers are very promotable type

[Gauwd]

I have to disagree with you ekim, I have had people come up to me, who know I play in the market, and ask me about Shore, it has never happened in regards to Peregrine. Maybe not the man in the street, but in the investment community, many people knew or know Shore, rare to none on the PGD side. All about promotion, of which, management here has done zippo IMO.

[Shopperator]

Recently, Rick Rule gave up 3 of his picks and his most empassioned deivery.....Peregrine! He waxed poetic about the management and the underlying resources. I would prefer Rick Rule to people on the street. I will go search for the link ;) Still love ya Gauwd. Diane

[mill44]

If PGD moves 6c tomorrow even you and Kidlapik will start unloading. There will be no magic in the SP movement for the next while. It's about levels people watch, where greed or fear kicks in. SGF has a few more cents in it, then if someone wants to really kick-start it, they will be able to do it for 30-40.000$. PGD was in the same boat. Management could have used a little money to move it