Peregrine Diamonds Ltd. PGDIF

GOOD or BAD?

[oiltar]

To: Cayerman who wrote (13970)	10/20/2016 7:41:26 AM
From: james flannigan	of 13971
PGD good news or bad? If Will is correct PGD is moving to the $15 million plan this winter the it might be good news or bad.If they bring in a JV partner (my hope) to fund Chidliak to FS then its good news.But if they finance it with more shares we will see another 80 million at 20 cents.That would be bad news for expanding the float even if the exploration results were good. Chidliak needs a partner as the SP has failed to give PGD market currency to go it alone.It would also be nice to see PGD address shareholders in a public NR rather than through Will or JK.

[MrBigger]

Perhaps flow through shares at a premium as with T.MOZ very recently

[ekim]

Flow through $$s can't be used for bulk sample related activities . I doubt geotech drilling would count as well. The focus of FT is to encourage grassroots and new discoveries....not development.long....pgd...ekim