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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

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Post by cudjo on Jul 07, 2016 10:20am

surprising

That with all the brilliant minds here, that no one has mentioned that the PEA is expressed in Canadian and not US dollars, take 30% right off the top.  There's your sign.........there will be no 10 million shares traded today, no train leaving the station.  It's a nice start, but, well you all know what I am going to say..... GLTA
Comment by mill44 on Jul 07, 2016 10:22am
So is the cost and the share price, Cudjo.
Comment by mill44 on Jul 07, 2016 10:23am
It does not change the return on capital.
Comment by cudjo on Jul 07, 2016 10:26am
True, but unfortunately, commerce, like it or no, the standard is US.   Like communication, English, to the chagrin of all you Quebecitonians.
Comment by mill44 on Jul 07, 2016 10:33am
I think it's more important to look at the target audience than the standard when choosing your language. Same here. PGD is traded on the TSX and is a Canadian company. I don't find anything wrong with the numbers in CAD. The exchange rate just complicates everything.
Comment by Kodiboy on Jul 07, 2016 10:42am
Yes, what's the frickin big deal, CDN or US?  Eh?
Comment by myview1 on Jul 07, 2016 10:27am
Looks like Folks are waking up to Reality
Comment by Kodiboy on Jul 07, 2016 10:47am
So far, today's high of only .27 is a bit of a disappointment, but yes, we have seen a couple of times, a delayed reaction...maybe again?
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