Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Peregrine Diamonds Ltd. > People wondering about
View:
Post by mill44 on Nov 06, 2015 2:39pm

People wondering about

why the market is undervaluing PGD have to look at history,  what happened to other explorers turning into miners. Let's say everyone is right and we get exceptional results. Then what? Time for a mine, aka major financing, unless the management pulls a rabbit out of the hat and gets money from somewhere else, like streaming rights (question is if they want that). If not, there is a good chance that PGD can be had for the same price in a year. Without outside money, the real appreciation will happen close to the start of production. Whoever is not ready to hold the stock and participate in a financing is not going to jump in just yet.
Comment by Fivecarat on Nov 06, 2015 3:19pm
Not everyone cares if this becomes a mine, just that they can make some money along the way.  For me, it's not about this discovery becoming a mine, that's far off in la la land, so what happens as a result financially for SH is very uncertain.
Comment by ekim on Nov 06, 2015 7:16pm
If the property is that good...the project/company gets taken over and all worries about financing go away. If the property is so-so...no one will take interest and the company is left contemplating financing and going it alone...and then you are left where 100's of companies are left and waiting for a miracle. Only a few fall into the first category...and you don't hear about those ...more  
Comment by northmark on Nov 06, 2015 7:23pm
“World class ore bodies finance themselves,”    Robert Friedland
Comment by ntagain on Nov 06, 2015 7:55pm
All the major's are in the toilet. Balance sheets and share prices are a disaster. This is probably our biggest problem. In a normal market, there would be interest but no one is doing take overs in any of the commodity sector. If we had no funds and no way of raising any, someone may try to steal it but we all know, Robert is not giving nuthin away cheap.
Comment by mill44 on Nov 18, 2015 1:19pm
I sure hope this time I was not right, but it looks like I might have. The market might be afraid that the management has all the advantage of financing as low as possible and none to get the price higher before finalizing everything.
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities