Peregrine Diamonds Ltd. PGDIF

I think I solved it.

[ekim]

Insider sold July to now -- 3,202,000.

Good news, only 607,524 to go.

Not Dundee, not Keep....with new theory here --> New Theory

This theory was mentioned on SI...but I took some time doing some due diligence and it is plausible. It might have been just a coincidence that Keep left at the same time this started to happen.

:)

LONG...PGD

EKIM

[robybob]

interesting ekim, one question, with only a few million shares, why would it be reported as insider sales? If this isn't the correct theory, and a true insider is selling, why hasn't it been reported yet, isn't there a time requirement? I have been trading for over 20 years, this is the first time I have seen anything like this, month of transactions, millions of shares, all reported

[ekim]

That is why it is a theory...all these are. Another theory that generates a limit that might be broken again and theory quashed. It also fits with 21 cent with tax break and 16 or 16.5 cents is break even....hence the lower distribution limit. Long...pgd Ekim

[mill44]

I went through SEDI before, only 2 were insiders and are not anymore. That's Keep and Dundee. An insider designation does not come with benefits, I don't thinkanyone would use it unless they had to.