Peregrine Diamonds Ltd. PGDIF

Tax Loss

[Chefboy69]

does the board think that this will suffer the same fate as last year...last year at tax loss this it's 52 week low

does the board think this is possible...

I alreadly know Ekim's/ Kodiboy and the other multiple aliases on this board ANSWER
 the question is not for them...

its for the rest of the board..
thanks for your input
GLTA

[mill44]

The selling could be done by funds that bought flow-through shares for no other reason than the tax write-off. For them the extra tax loss might be a bonus. For the rest, if the SP is not much lower than the price they paid, it will not be worth it. Don't forget that last year's situation was unique with a surefire way to get back in if things did not go as planned. This year there is the

[Kidlapik]

Last year at tax loss was just after the 0.21 rights offering and the subsequent wait period on CH-6 results + the hedged bets on people that were holding the 0.21 warrants. Some of the theories here are that somebody "anon" is selling either just to liquidate or to chalk up a tax loss then get back in. If they want to get back in they have to wait 30 days from the sale. I don't see

[Chefboy69]

well the overl chart does not look good,, I appreciate your input...but i have my buy in for 0.135 I will leave it there for the next 2 months and see if i get some shares...IF not no biggie...still lots of time to load up good luck all

[mill44]

I agree with you on that, the chart is very bearish. I would give it a few days to go over 19c. If it doesthen I will see some hope of turning the tide. For the real change we need 26c. That's already nice for someone getting in here.

[Kodiboy]

Chefboy, no relation, what the frick are you talking about?