Peregrine Diamonds Ltd. PGDIF

Prediction

[Kidlapik]

Sure I will play. I will go on record as saying I think we will see a private placement at 0.25/share for $12-million. Which combined with money in the bank gets us past feasability study.

48,000,000 new PP shares to Sprott incoming. My opinion.

[ekim]

I didn't realize until recently that Eric Sprott was worth more then Robert Friedland. That may have already flip flopped with IVN's rally over the last 6 months. I will go on record saying that there will be a PP even if there is a joint venture. JV partner may pay Chidliak bills for the next few years....but PGD would take the moment to help pad the treasury to make sure PGD mgmt is

[cudjo]

kidlapik, feasability study is over 30 mil, check JK if you do not believe me.  Kodi, you asked me what the 2 things I think are going to happen, just playing your game, answering a question with a question. Nuff said. GLTA

[griefman]

Really Cudjo, OMG, you've been saying one of two things for weeks and you started that without any provocation. Tell the truth....

[madmann]

Give me a 5yr warrant with that PP and im in!

[cudjo]

shneps, go back and re read the MD&A, it is a winter program   The Company proposes to advance the Chidliak project further by completing a  core drill and a bulk sampling program  in Winter 2017.  Estimated  budgets for this proposed 2017 program  are approximately $10 million to $15 million. The objectives of the proposed program  are: i) at CH-6

[shneps]

Cudjo, as I stated it is not a wnter program entirely. Bulk sampling is budgeted at $9.6 mil, with $5 mil in the bank that leaves a $5mil financing required for the "winter" program. And always remember. Quote "Due to continuing negative conditions in the capital markets, opportunities to generate financing with acceptable terms for Peregrine at this time are limited. The scale of

[shneps]

Kid, I am in total agreement and have have expressed this play in the past. I have had indirect (not personal) dealings with both Robert and Eric. Mike's reference to "Friends of Friedland" is exactly in the context of Sprott. For Robert to do anything further, from a financial investment stand point means going private and placing his money on the line. Smart investors like