Peregrine Diamonds Ltd. PGDIF

PEA failed to attract

[oiltar]

A higher share price.The longer PGD does not tell its shareholders how this project gets financed the nore investors and newsletter writers entertain the idea of massive new stock issue like Allan Berry.

The SP seems to confirm his fears of a bigger share float.

[ekim]

I believe his opinion is a fear of an existing big float already. No doubt shareholders coughed up coin to see the pea results. Absurd in my opinion why kdi is so much more valued then pgd. That being the case opens up big opportunities for dia and it's $700k drill programme. Based on the benefit of the doubt that kdi receives if dia finds a similar or any kimberlite near gahcho it could be

[cudjo]

what is telling is it failed to attract any institutional interest, or any analyst interest.  Now they are not going to PDAC, no promotion of the diamonds, no road show, no winter program, no updates for shareholders.  Only 2 conclusions can be reached.  GLTA

[griefman]

Cudjo, what 2 conclusions?  Greed and greed?

[pennyoilking]

I forgot where Tom stated no more cheap PPs. Not even at .25 cents!!!

[ekim]

I believe oiltar said that someone from PGD told him that this mine would never be built at 25 cents. On a more reliable third party...John Kaiser says: "I did finally talk to Tom late in the day. He assures me that there are no plans to conduct another rights offering." Kaiser - article Both are technically third party for me...so believe what you want. As for private placement..

[griefman]

Well, if James (Oiltar) said it, then it must be true...