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Bullboard - Stock Discussion Forum 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 Discussion

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Post by mill44 on Jan 20, 2015 11:03am

Kaiser's

opinion is just that, an opinion. It lines up with the opinion of a few here, but that is not enough for us to be right. We are right when the price confirms it. For now, the bids are met with selling, and at a lower and lower price. A few people would call that a trend and until that stops, I have to admit I was dead wrong in buying this stock. Just don't tell my significant other because every time I say I am never wrong, all what i get is laughing and I don't think this would help in stopping that.
Comment by Fivecarat on Jan 20, 2015 11:33am
Mill it takes guts to publicly admit you made a mistake and I know you use technicals to make your investment decisions, so how can you be so sure you made a mistake, if as you claim you don't care about fundamentals, that your use of technicals is not wrong again in believing you made a mistake?  Does that make sense? The trend is obvious to see, are the technicals just that, a trend? We ...more  
Comment by mill44 on Jan 20, 2015 12:08pm
My mistake was not to care about technicals in this case. Like when I got a call when PGD hit 80c saying I told you so. I told them I had never seen a stock hit 52 week high acting so weak. But who cares about technicals when news can take care of all the problems, no? Anyone who has been here long enough knows the outcome. Technicals are not just the trend but the strength of it as well ...more  
Comment by oiltar on Jan 20, 2015 11:42am
I don't need Kaiser to tell me what PGD has.The facts are diamond mines are 1000 time more rare than gold mine.There have only been 30 primary diamond mines ever discoverd in history. Diamond deposits are found in clusters as we have seen at Lac de Grass regions 4 operating mines.PGD has the coldest diamond matle in the world.There is very little doubt in my mind this mine will dwarf all othe ...more