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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. > 6 weeks away
View:
Post by oiltar on May 16, 2016 11:33am

6 weeks away

From PEA and the stock price has weakened in the past couple of weeks?I think the market is fearing another low price financing as PGD is down to only $1.7 million.We better hope we will see a run up before the PEA if they are going to do another placement.

I guess we will see
Comment by MrBigger on May 16, 2016 12:00pm
Kaiser's cash #'s and Ekim's do not match up. Ekim has us at 5 million cash. I like his better. LOL
Comment by Kidlapik on May 16, 2016 12:11pm
Kaisers cash #'s dont take into account the last financing that was done. Ekims are accurate.
Comment by Kidlapik on May 16, 2016 12:16pm
As of the latest financial statements for the period ending Mar.31 2016 cash & cash equivilents stood at $6.3-million, burn for April/May and the expense of paying for the PEA would put us in the $5-mil range. Reference: https://www.pdiam.com/assets/docs/financials/fs-pgd-mar-16-final.pdf
Comment by mill44 on May 16, 2016 12:20pm
Don't look a gift horse in the mouth. Buy another million.
Comment by mill44 on May 16, 2016 1:29pm
According to your posts, you and your friends were the ones providing the main support. Why are you surprised? PGD needs to get some serious buyers outside of SH before it can go up.
Comment by Kodiboy on May 16, 2016 2:17pm
Like selective hearing, some people here have selective beliefs from what they read here when it suits or supports their posts.   Why only believe what you want to believe?  Do you rely believe that James and his buddies have purchased millions of share over the past few weeks when you don't believe other posts by said poster?  Cmon, shake your head like our bud Cudj likes to ...more  
Comment by Kidlapik on May 16, 2016 4:18pm
It is all about the deal. Either a JV/Sale is in-bound or another financing is in-bound. If you believe the former you should be buying or holding depending on what your position allows for if you believe the latter you should be selling or preparing to dig into your own pockets further. Personally I have participated in two financings; the one at 0.21 and the one at 0.10 and I am prepared to ...more  
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