Peregrine Diamonds Ltd. PGDIF

Warrants..........42 Days

[madmann]

Any reason the warrants can't be extended?

Monies (extra $15M) wont be required for a while yet.

This will give breathing room and time for Spinco.

[ekim]

They want to pad the bank. The big 3 own 50 million of the warrants and the rest of the world owns 20 million warrants. We can all wish that the big 3 exercise the warrants in tune and they extend the 20 million warrants. That gives them at least $10.5 million. Wishful thinking though. Most of us will be seeing what happens as we close to the deadline and determine our actions. LONG...PGD

[woundedknee]

Wonder if the big wall at .21 has any relationship to the warrants?

[mill44]

Do we really think that the big 3 did not make an action plan before the company made the financing public? Anyone out there still thinks that they had no say in the price or the structure of the financing? If you don't believe that, that's your starting point for your reasoning. Nothing will be changed. They are not surprised about the outcome, nor do they care. A jackpot is a jackpot