Peregrine Diamonds Ltd. PGDIF

Rick Ruel or Rick Shmule?

[oiltar]

Rick Ruel is one of the smartest JR investors of all time.He is getting his shares at a 25% discount to buyers of PGD today.Its not wise to bet against Rick and pay a 25% premium to his entery price.If you want to out smart Rick buy only below his 10 cent price.Thats what I will to do if it breaks 10 cents.

[mill44]

Oiltar, I am sure a lot of people would agree with me when I say that it would be tremendously helpful if you expanded on your reasoning when you give an advice. Just for people to be able to follow you. It seems that your mind reaches some amazing depths when you look into your trades. For example, I cannot see how I would be betting against Rule by buying the shares that he is going to buy even

[oiltar]

>If you buy under the price one of the smartest investors paid, does that make you smarter than him?< No it does not make me more smarter than Rick just maybe more lucky if I could buy at 8 or 9 cents. I very much doubt Rick will sell his 10 cent shares at 12 cents.He likes a large gain in the 100%s of percent. I don't think he would buy PGD with only a possibilty of only 20% for

[Hcgfllkp]

Question is - who's going to sell at .10 cents when Rule is ready to buy a big whack at .10 cents?

[mill44]

I was looking for info available on Rule's commitment. For now all I found is what's in the news release. He, together with the Friedlands, is backstopping the rights offering. Does he own any shares as of now? Is he buying any shares or just whatever rights he can get? Is he committed to buying a certain percentage of PGD, in combination of rights and shares? All information that would

[griefman]

Sometimes when you stay on the sidelines and just watch these forums, it's an amazing eye opener, but my wonderment revolves around the lack of contribution here by Ekim, Mike, MadDog on SI, where he is only posting now. Where is Waldo?

[cudjo]

also have to consider the percentage of the float that is owned here, cant participate.  The problem with retail is they typically learn too late.  The back stop is an interesting twist this go around