Peregrine Diamonds Ltd. PGDIF

OSC

[oiltar]

Needs to get involved with answers as to why last two financings were done at a major discount to the prior trading day of the SP.And why did insiders buy all the last 21 cent shares small investors might not have been able to buy.

Is the 10 cent share price to lower from 17 cents so insiders can do the same thing as the last financing while reatail shareholders may not heve the funds to take up the offer?

This is starting to stink!!!!

[greex27]

I'm not sure why we're not more grateful, it's at $0.10, so you...and they don't have to think much about exercising their shares. They don't want to dig in their pocket either but they, like us, don't have a choice if we want to move this along. It's more sinister to me if the price was set at a spot where market wasn't going to exercise their rights and Eric et al

[ekim]

$7 million coming direct from shareholders. No 5% comission fee from a brokered deal. No trading comissions at the shareholder side. It makes sense from getting $$'s to the task at hand. Just a question fo what task that is. Goes without saying..but I'll say it anyway. Fundamentals haven't change don't project because of these news release from this morning. LONG...PGD EKIM

[mill44]

Fundamentals improve and yet, we get offered shares cheaper and cheaper. I am afraid of what will happen when we get to a mine. So let me put it in perspective, with numbers. 70M shares at 10c, 30M goes to the 2 Friedlands. It was done for the benefit of the shareholders.