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"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."

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Peregrine Diamonds Ltd. > Sinking Ship

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Post by k22k22 on Feb 11, 2016 11:25am

Sinking Ship

All that's left are the rats, me being one of them. I know what I need to get back to par but I also know there has got to be some real longs that won't even get there if it is a mine! They'll need a baseball out of Botswana to make this thing pop, even when the valuations come back what's the best we can hope for?

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Comment by ekim on Feb 11, 2016 11:47am

What's the best we can hope for? That is the big question. CH-6 is going to be the big NPV winner for the PEA..but what of it? How does NPV/IRR/etc. actually correlate to stock market value. Nobody can tell me...because they don't know. I would say it truthfully doesn't correlate until we actually start seeing some M&A in the junior space where PEA's and such can then be ...more

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Peregrine Diamonds Ltd.