Peregrine Diamonds Ltd. PGDIF

LETS DEBATE ...."we seek safe harbor"

[ibeennorth]

but is PGD not saying they are maximizing for tax reasons....when $$$ value is in march watch ct values exceed $200...

[Kidlapik]

I dont see how +$200/carat is even a remote possibility given the sample. Largest diamonds of 5carat's, not a ridiculess amount of +2carat stones, im thinking $125-150ish with a range of $100-175. Though I am not sure if a valuation model can properly adjust for breakage in a sample into their results. I am basing this estimate purely on size of diamonds and color distribution. Both of which

[ibeennorth]

you might be very well right....but what is your take on the last sentence "we seek safe harbor"........believers will read this as a positive....while non believers will see this as a negative. RESPECT TO ALL.