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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. > Who will double first DDC or PGD
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Comment by ekim on Sep 28, 2016 12:26pm
Blindsided by PGD versus and DDC and the moneybags walks away with DIA this morning. A $700K financing plus a planned drill programme and a small promotion and boom, the share price goes up and up on big volume. Good for Paul Brockington who also likes Chidliak...or enough to be a confirmed shareholder as of 2 AGM's ago. Can't confirm since then. LONG...PGD EKIM
Comment by griefman on Sep 28, 2016 12:43pm
Yes, DIA up 44% right now, great for them...now, is it our turn....nahhhhhh. Actually, Mike I know you said they could wait until perhaps Nov to shore up some financing, is that really still your belief?  to be in tune with the 2017 winter drill program start up on time...thx.
Comment by ekim on Sep 28, 2016 12:51pm
I don't believe the plan is to wait for November to raise money or partner or whatever. Working through to November to negotiate a good deal versus rushing to sign a bad deal is still the preferred way to go. We just wait until we hear what/if a deal gets signed and then its game on from their. There is no lack of opportunity or speculation from field work at Chidliak.....once it gets the ...more  
Comment by griefman on Sep 28, 2016 12:58pm
That makes perfect sense Mike, why rush into a poor agreement, for everyone, to soon, just because the pressure is on to do so.   Just wonder if there really is a sense of urgency because they announced the winter program, maybe they thought they had a deal of some kind, that either fell thru or needed a revision?  Who knows, all spec...all opinion...
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