Peregrine Diamonds Ltd. PGDIF

Thinking of selling last of my PGD

[MrBigger]

and getting 2x the # of shares of GCM for my PGD money.

https://business.financialpost.com/news/retail-marketing/a-diamond-may-be-forever-but-for-millennials-it-may-also-be-passe

[ekim]

Been anti-diamonds for a few weeks Mr. Bigger. If you want to sell your PGD shares..you should tell everyone how great diamonds are and get the share price up...then sell it. You don't tell everyone else to sell and then sell. That isn't very vulcan like of you. LONG....PGD EKIM

[MrBigger]

Not anti-diamond, just coming to the realization that perhaps we are undergoing a paradigm shift and this is not just another cyclical downturn in the diamond market. Still long LUC and MPVD and PGD, small profits in all 3 so will see what tomorrow brings. Do want more GCM as I find that story very interesting as a possible turnaround situation in the gold mining sector.

[ekim]

If you think the Milliennials are creating a paradigm shift...just when you survey them to ask them if they will ever buy a natural diamond...make sure you ask them if they would ever buy a junior resource stock on the Canadian market? My guess is that you will get very similar statistics.  Could easily be a problem that all of us face...whether it is GCM or PGD or wherever else. A lot of

[griefman]

It may be risky, but what I would do if I was the likes of Swy and Mpvd, I would put the squeeze on the buyers by saying if you don't want to offer me a decent price on my snalll size inventory, then you're going to pay more for the rest of my product....naw, to risky, the world doesn't work that way, anymore, does it?   Besides, other producers would sell their product anyway...