Peregrine Diamonds Ltd. PGDIF

charts

[cudjo]

I am not much of a chart guy, mainly because I have not taken the time to study it, but charts or no, if this stock doesn't get good news on a partner/takeover front, and hit longs with another rights, the sp will drop off the charts.  My opinion, for what that is worth from someone who doesn't follow them,  is charts are a better tool tracking sentiment for blue chips, institutional and solvent companies, not highly spec stocks.  Good Luck

[griefman]

I like charts as a form of history, but personally I wouldn’t use them to trade SPEC stocks. You're exactly right, news of a particular kind, is needed to really boost the SP, not a tea cup monkey tail Bobby thingamajig ballon rising sun and moon signal....JMHO.

[mill44]

I agree that without outside money the Sp won't hold up, no question there. Cudjo, you said that you have been switching back and forth a few times, what did you use for entries and exits? Why did you buy at 12c last time?

[griefman]

Why don’t you ask yourself that same question Millski? and tell us all your reasons for entries and exits?   If you expect Cudj to answer your questions, why not do the same?  Why do you always avoid that question?

[cudjo]

horse sense, volume and history mil, if you look to history, this stock has been pretty predictable, rights, back and fill, look for more diamonds. I look at percentages mainly. Toms interview, and the confrence call over a year ago, makes it more unpredictable now, I have bet on partner/buyout senario, short is an act of a lunatic now, I hope.  If they go rights, I am confident I can get out

[mill44]

My point is that even if you did not use actual signals Cudjo, you used something from the charts to guide you. Everyone should use something, technicals, fundamentals, whatever. Gut feeling? That is your stomach aching, not a trading signal.

[cudjo]

maybe I will pick up a book on charts to help ignore the black flies this summer.,  good luck.

[mill44]

Lot of banks and institutions started to teach their people about technicals even if they prefer fundamentals when investing. Just be careful where you apply it. It should reflect the market consensus and not one or two individual opinions, like it does most of the time with PGD. 50-100k shares are worth nothing but they can drastically swing the price. There have been a few examples here in the

[greex27]

No news has really taken it's toll on this group...Wow! Let's shift gears, winter program, yes/no? Is a Sprott type going to fund us to FS? Do we see a JV structured to go the distance? The trenching must be done in the winter, we have the funds to get started, why is there a delay on the NR confirming the details of the winter program? Will the trenching be winter 2019, aligned with the

[cudjo]

getting late to announce a winter/spring program, stage and supply, company usually gives a few months notice, so winter program, no, need ice field for aircraft and thaw starts in 8-10 weeks.  If not aircraft then have to haul over frozen tundra, remember global warming.  If a "Sprott" funds, another 500 million shares, this is dead money, JV with a Diamond producer/major can

[schocor]

As stated, they are planning on trenching CH1 and CH7. Why on earth do you think they would want to do that in the winter? Ever dig a hole in the winter in the subarctic?? Of course you haven't. Equipment - I assume the right equipment (bags and a how)- is already at site from earlier programs YES WE KNOW WE NEED FUNDING TO DO MORE WORK. That's for beating that dead horse, re-mentioning

[cudjo]

schocor, getting edgy?  I am on your team remember, nervous about another rights and roll back it would seem, ask yourself ONE big question, how do they get 10-20 tonnes of rock off the island? Mules and back packs?  Require an ice field and aircraft, Or overland on a WINTER trail. THAT is why it is done in the winter, drilling in summer. Ever heard of blasting? Can be done winter spring

[cudjo]

as well, show me the NR where they have STATED they are trenching 1 and 7 this winter, good luck with that.

[cudjo]

as for the fuzzy, lol, math, JK has stated 50 million for a FS, I thought 30, but as the pompoms all love JK, I use that, 50 million bucks at a dime, is what?  Exactly, don't forget to show your math for the whole class.  Or maybe you do anticipate a roll back of 20-30 to 1, you do seem a tad on edge, then they raise the 50 million, thats fuzzy. Good Luck.

[cudjo]

as for the echo, reality is required here to counter the pompoms To the Moon, this is an easy 30 bucks, posts.  I am long, but I am realistic, can't help it if you have mortgaged the house and are getting edgy.

[griefman]

Your point Mill, is that you always think you are right, even when someone tells you what they do, you need to change it to fit your mind, it’s like you don’t have the ability to let people have their own style of investing unless it fits within your parameters....it’s frickin weird. You asked, Cudjo answered, but it wasn’t good enuff for you.  Why is that?