Peregrine Diamonds Ltd. PGDIF

Expectations

[Gauwd]

us small fry are expecting news, because the company told us there would be news through Oct and Nov on the caustics, see cudjo's quote this morning. 

I agree with him, shame on them for not giving us an update after we were told to expect news "through" Oct and Nov on the 3.3K kilogram drills.

I have also sent an email on this expecting a reply, if they were not sure IF it would be Oct OR Nov, the Sept 9 NR SHOULD HAVE SAID Oct OR Nov.

Frustrated, for sure, only because I believe, as a long, they have tied my hands with the Sept NR, news will come, but I do not like being told one thing, and then another happens.

If we were told news would not be out on the small 3300 kilo sample with the bulk sample in January, I know I would have already dumped all my shares for the write off and be looking to buy back in well before the end of November, ahead of expected news and expected sp rally on the assumption that CH7 will deliver the goods 

I do believe most of the action in the past several weeks has been FT selling, institutional tax loss (recommended by brokers etc.) but nothing from the long suffering longs here.......what I find interesting is it is being absorbed for the most part.

IMO, JK has blown his wad on PGD. I think he is still right, however, because the boy crying wolf issue, he has little, if any, influence left on the sp here now. 

As a long, and because of my age and the reasons I invest, I will wait and see this through and can only hope I will see the light at the end of the tunnel before I actually SEE a light at the end of a tunnel. If the latter happens before, I have left instructions for my grandchildren ....

Winter is Coming, thank the gods for good whiskey

MHR

[madmann]

Gauwd, I hope for your sake that is light at the end of a tunnel and not the other light, otherwise...... Regarding JK, He has been hit like the rest in the resource market, it aint his fault. You gotta pick and choose you stocks/battles and use your own sense of judgement from the due diligence you are supposed to do yourself whether that comes from chat boards, newsletters or elsewhere. If you

[Gauwd]

Thanks madmann, no doubt JK has been a victim of the resource sector, my point is anything he has to say about PGD now would have had zero effect on the sp, doesn't mean his assumptions are wrong, just zero influence on the share price now, in my opinion. If management told him something "juicy", that, as mill has said, is highly unethical and illegal if it isn't in the

[Kodiboy]

Sounds so simple, just provide an update when warranted, when it seems the company is not going to meet what they claim, why not provide the reason.  Just provide appropriate information at the appropriate time and we would be better off than not knowing and driving ourselfs and others a little bonkers!

[maggie6359]

Because it's not that simple.  It's an answer to a loaded question.  It's also a technical answer that you (not you personally) don't have the expertise to understand.  And why should they make it understandable to you - you're (again not you personally) not a source of funding, publicity, cheap labor.  Also why is it that people think the CEO of an

[Kidlapik]

" A total of 3,345 kilograms of core sample acquired during the 2015 summer and previous core drill programs has been dispatched to the SRC for microdiamond recovery using caustic fusion. Results are expected through October and November 2015 " Sept.09 NR from PGD I think that is the line you are interpreting as meaning we are owed news releases by now. I read that to mean that the

[Gauwd]

interesting read on what the Sept 9 NR means to you Kidlapik, very possible, however,  I would have then expect the NR to have read, results will be "processed" through Oct - Nov., not result "expected" My point is pretty simple, and getting mushied all up.  Say what you mean, mean what you say, good communication is a practice I expect from the people

[maggie6359]

Great analogies Gawd, total agree they're applicable to some extent. Difference is Pilot just has to manage expectations about flying the plane, not about ticket prices. Not sure what the story was with Oiltar's momentary about face, raises more questions than it answers.

[mill44]

The major shareholders are kept in the loop, don't forget that.

[ntagain]

The major shareholders are the loop.

[Kodiboy]

Sept 9 NR states bulk sample results not really out until Jan of 2016...