Peregrine Diamonds Ltd. PGDIF

Why the confusion?

[mill44]

It seems that people think Eric Friedland did not exercise all his rights.
According to https://www.marketwired.com/press-release/report-of-acquisition-of-shares-of-peregrine-diamonds-ltd-2092169.htm and the insider report he fully exercised.
Ekim, I did not check your blog yet, but if you did not include the report on the closing, it might be a good ideea to highlight that both Friedlands fully exercised, together with most of the insiders.

[shneps]

I have to say that I am a little warmer with 118mil of 120mil rights offered being subscribed by insiders. In this market not everybody has free cash flow, although it is nice picking up some good companies at under valuations right now.

[mill44]

It was bad enough to see the rights offered at 10c, but to see them not exercised?  Cudjo's 2-3c target would have turned out to be too optimistic.

[ekim]

I've been updating the ownership page as details come in. I'll re-share that page when all the details are more firm. LONG...PGD EKIM

[northmark]

I inquired directly to PGD and they confirmed that Eric did excercise 100% of his rights. I will now send an email to JK regarding his percentage.

[mill44]

Thanks, Northmark. PGD cannot afford any bad press now. For the next few months insider confidence is the only thing it can count on for a decent bounce, so Kaiser has to say that the important parties fully contributed again.

[ekim]

I'm sure PGD will clarify any items in press releases or such to any non-retail interested parties. For the retail crowd - Wording is important...but I don't think Friedland and team are focused on catering to the peons like us....just letting us tag along to join in an eventual feast...or famine. LONG...PGD EKIM

[Kodiboy]

Got to ask yourself where would this company be without the Freidlands and is it a positive or negative sentiment as far as the average retail guy and the market in general?

[shneps]

Sometimes riding coat tails can be fun. Friedlands keep acquiring more stock (but not too much) with each offering and placement to get this sucker to legitimate PEA status. Then what? Well we need to build a mine and who has a mining company, by coincidence. IVN buys out (or in with JV). Bob's your uncle, Robert and Eric both have their diamond mine and Robert's IVN also reeps the