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Bullboard - Stock Discussion Forum
Peregrine Diamonds Ltd.
PGDIF
Metals & Mining
Industrial Metals & Minerals
"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."
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GREY:PGDIF - Post Discussion
Peregrine Diamonds Ltd.
> No longer buy hold but a trade
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•••
oiltar
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Post by
oiltar
on Jul 11, 2017 8:59am
No longer buy hold but a trade
A predictable profit
Last 10 cent financing the stock was 20 cents then fell to 9 cents as the date of closing neard then passed.You could have sold before the plunge in the first few days of the NR not at 20 cents but 13 to 15 cents.Then stay on the side line until the SP went to 9 cents.Then over time the SP went back to 25 cents.You could have sold (I did) Now the price of below 10 cents would likely give you a predictable 100% profit as the SP recovers on drilling news late by yr end and the company baiting the market with dreams of a diamond producer coming to save the day( I will not) swollow that line again but will sell into it as the company leads us down that path for what is now I make it 4 times.
So while I have seroius doubts this will become a mine,it does in fact possibly offer a trade based on the history of the last spanking the managment deliverd to its retail unwanted shareholders before the creeping" take under" happens by the big guys.
For those who don't think this is a creeping take under.Ask your self what has happened to your portion of ownership over the past 4 yrs?Has it gone up or down? Has the big guys ownership gone up or down with yours?No they still have the position they had but your position went down unless you bought the finacings.
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•••
mill44
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Comment by
mill44
on Jul 11, 2017 2:56pm
More than 2 years ago I said that this is not a buy and hold stock. Guess who was one of the biggest opponents of that?
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Silverwhere
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Comment by
Silverwhere
on Jul 11, 2017 4:02pm
Do you own any PGD mill?
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