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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

View:
Post by mill44 on Dec 16, 2015 10:59am

Ekim

It is time to use the power of your blog, time to tell the company that they have to release any results they have. It is one thing to hold results back so investors would not jump to conclusions, it's another to drive them to dispair. If they wanted to avoid jumping to conclusions, maybe they should not have financed at 10c before news. Conclusions are drawn, no more reasons to hold back, release whatever you have or if you did not want to know partial results, get them now and release them.
Comment by ekim on Dec 16, 2015 12:10pm
Hey Mill, I do try to use the blog as chidliak specific ...not peregrine diamonds. I do sometimes highlight a risk/reward aspect periodically. People can go to peregrine diamonds website to learn about the company and the financings and other plays. I don't disagree with the concept of the rights offer and the pricing mechanism and having a fair structure amongst shareholders. I will ...more  
Comment by mill44 on Dec 16, 2015 12:52pm
"I will concede the point that going to the shareholders 3 times for an extended bulk sample program is a bit much. (original rights, the warrants many months later, and now the current offering)." No, Ekim, it was not the 3 offerings, it was the price of those offerings that did this. You know the most about the fundamentals of the project, you have been talking about how nothing comes ...more  
Comment by ekim on Dec 16, 2015 1:08pm
I'm talking about the flexibilty of the shareholders. If you raise money $10 million x 3...and the shareholder owns 1% of the stock. They have to come up with $100K x 3 regardless of the pricing of any of those. In a three year period...they may be fine with generating $300K over that timeframe...but over an 18 month period...that may stretch them more then they want. That is the point I ...more  
Comment by mill44 on Dec 16, 2015 1:29pm
I know Ekim that you won't concede anything. By now everyone realized that even at 3c you will be talking about the numbers, compare them with SWY, KDI, everything out there because nothing stands up to Chidliak. That's why they won't stop exploring. The question is where will the money come for the next work? A 12c stock does not give you a lot of options.
Comment by Kodiboy on Dec 16, 2015 3:23pm
Mill, pretty soon you will be the only one reading and responding to your posts as I believe that Mike will shortly ignore your questions and comments as you do when you become a baby and can't take the heat when questions are directed your way and as if Mike doesn't back down, are you kidding, you should change your alias to "Wants to be always right no matter what". Why the ...more  
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