Peregrine Diamonds Ltd. PGDIF

Institutional investment near zero.

[ekim]

Hard to imagine...but institutional investment in PGD just dropped another small notch on its way to the big phat zero.

New fund report shows the only remaining fund manager publically invested in PGD (Ani Markova) Sold some shares in 2 of her funds sometime in the first half of 2016:

1st half 2016:
Smith and Williamson Fund --> Sold 209,939 shares (hold 22,517)
AGF Precious metals fund --> Sold 167,397 shares (hold 2,343,583)

The Smith and Williamson is officially based in the UK...wouldn't be surprised if it was part of the sell off during the brexit event. A lot of margin calls I imagine.

LONG...PGD

EKIM

[shneps]

Unfortunately institutions are sitting on the side lines for the exact same reason everybody else is. Right now the Friedlands are holding the cards and nobody has the balls to figure out what direction this is headed. What they are all missing out on is the opportunities. One trigger is going to happen and it will all fall into place. With Robert nobody knows but I'm sure the process is

[Kodiboy]

Not sure how or why not having the "cajones" to figure this out has anything to do with anything about anything here?