Peregrine Diamonds Ltd. PGDIF

This is what all the pumpers are forgetting

[cudjo]

After the PEA, what is next.  PEA wont blow anyones mind, this is on top of the world with ZERO infrastructure, okay, for you northerners, love your spirit, Iqualuit, nuff said, ZERO infrastructure.  There is ONE tiny very very nice pipe, and one marginal pipe, they NEED more diamonds, means more exploration, more drilling, more money, more paper.  Ollie says a white knight will come riding in, not when 50 million plus needs to be spent and when they say now they need more diamonds - and that comes directly from the horse's mouth - then another 30 for a feasability study.  Another financing is staring longs in the face, millions of new shares about to be issued, get out on the PEA news dump, Olle will, count on it, wait for the next round of penny financing, and if you really believe, pick up the rights that won't be exersiced, again, and dump them all on any uptick.  Paper has made this a dog, and more will turn it from a dog to a stinking pile dogs leave behind. Longs are doomed to be played for suckers for another 2-3 years.  Use your heads, don't fall in love with a steaming pile.

[Kidlapik]

Hey Cudjo, for once, give us your estimate on this. Where do you see the PEA coming in? What do you believe is the Capex cost?

[Kodiboy]

Kid, good question for Cudj, let's see if he has the cajones to answer on his own...he's always accusing me of just be a reactionary and counter poster to his and others posts, now it's his turn to show his stuff...or not. By the way, I've posted many times that that kind of expertise is not really my strongest point, so I don't even try...

[Kidlapik]

I am a firm believer that people are scared of this thing due to location. If Chidliak was in NWT, literally ANYWHERE in NWT this would be a $300mil stock, today. But because it is on Baffin Island in Nunavut people think ooooh its in the middle of nowhere on an island! No infrastructure! It will cost a billion dollars! This doesnt involve draining lakes or building dykes. This doesnt involve

[mill44]

If people are only scared of the location, we are golden. There is no downside, just upside then because anything under 1B will be better than what is priced in, so instant correction up. If people are concerned about what's beyond the PEA, then any upside will be met with selling and unless Oiltar is right and big money comes in, we are back to where we were. Big discount and years of waiting

[Kodiboy]

Gee, I agree again with Mill, yikes, in that the PEA will only result in a temp bump in SP and many will see that as an opt to sell, me included...but something spectacular in a fund arrangement will bring a much firmer longer lasting uptike and then I'm left to wonder about my stance, because the funding issue may soon follow the PEA bump...Oy, if only I knew exactly what was going to happen