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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. > What Gift???
View:
Post by k22k22 on Nov 25, 2015 2:26am

What Gift???

4 shares at .15 = .60 = 4 rights 1 share at .10 = .10 + .60 = .70 5 shares at .70 = .14 cost per share They only way it's a gift is if you go over your prescribed amount and purchase extra shares at .10 if available. This is a way to raise money for the PEA without going to institutions or finding backers, that's all, it's not a gift.
Comment by cudjo on Nov 25, 2015 10:03am
Only to the shorts.  The "gift" will flood the market as bag holders try to take advantage of "the gift" next week, helps with tax loss senerio, etc etc.  Just watch.  Management knows what they have and this is the last chance they have to fleece the retail sheep because the rules change early Dec.   CH7 has to be chock full of greys or they would have ...more  
Comment by Kodiboy on Nov 25, 2015 10:26am
Cudjo, do you still have a position in Pgd?
Comment by MrBigger on Nov 25, 2015 10:47am
So I take it you are out or short?? U would not stick around if going under a dime. Would U?
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