Peregrine Diamonds Ltd. PGDIF

Rio + Chow Tai Fook?

[Silverwhere]

Turn your head now MrBigger...

From Sept 2013 pdf page 7 of 14:

Rio Tinto’s unique diamonds portfolio is key to market development in China

Chinese consumers are increasingly seeking diamond jewellery as a daily fashion accessory. To tap into this new category of diamond purchasing, one of Rio Tinto's key initiatives has been to partner with Chinese diamond jewellery manufacturer and retailer, Chow Tai Fook, to promote Argyle diamonds in the jewellery giant's stores.

Mr Davies said "The resulting Australian Colours collection has surpassed all expectations and is now available in more than 1,000 Chow Tai Fook stores throughout greater China. It is a pleasure to be in Hong Kong to see first-hand the benefits of our market development activities."

https://miningnorth.com/wp-content/uploads/2013/09/Media-Clips-September-7-9-2013.pdf

[MrBigger]

Now we are looking at 3 year old news. When does this silliness end?? PGD has no bargaining strength with almost 400 million shares out and little cash. DDC/SWC/LUC are not making money with run of mine production and diamond inventories are massive. It will take years to work off the overhang if ever. Now U have MPV and Anglo going to add another 5 MILLION carats to the mix every

[ekim]

Bargaining strength is directly proportional to the number of parties involved. One party equals low bargaining strength unless that party really really wants something. Two parties and you have strength via a bidding war. Three or more parties and you have what is called Vancouver real estate.long....Pgd....ekim

[Silverwhere]

Did you not know all of your listed negatives when you bought PGD? Why did you buy? Why are you still here? I thought short term traders are smart enough to cut their losses and hightail it pronto, leaving only the stupid long term clowns in their Tasmanian Devil dust. SELL MrBigger SELL !

[MrBigger]

"Why did you buy?" Ah, because Oiltar and Ekim say this is the greatest thing since sliced bread?? Maybe to make money?? Why did U buy?? I am currently down 2%, I will wait and see. How about U??

[Silverwhere]

I will sell half at 2 bucks a share (maybe).

[MrBigger]

"I will sell half at 2 bucks a share (maybe)." Ah, expecting the 10-1 rollback are we??