Peregrine Diamonds Ltd. PGDIF

AGM

[ekim]

I see there has been some chatting on the forum today.

A total of 3 shareholders showed up at the AGM. 
A German guy who was in 80's? I chatted him a bit.
And another younger guy who took off right after the meeting was over.

No Tom or Eric at the meeting. Tom is on the road at various destinations. The only one they disclosed was a stopeover in Peru for KZD related business. They did not elaborate on the other stops.

PEA update is targeted for early June. 
No concrete plans for Summer yet as that will be fully dependent on Money based on negotiations/discussions that of course we know are ongoing...but we all lack detail of context of what they do or do not include. A summer program could be a $2 million expenditure or a $10 million expenditure. They are not really designing the program until the money is settled.

Nothing really new...but did have a good discussion with 3 of the Board members. 

I did recommend a raincheck on a formal presentation and it looks like they will push for a presentation for the PEA update. I suspect a conference call type setting again.

LONG...PGD

EKIM

[northmark]

Thanks for that Mike

[mill44]

I sure hope the rumours about a deal are true, because that's the only news one can expect in the next 2-3 months. It seems to me that soon even the option of issuing rights will be off the table. At least for 10c.or higher. I decided that the glass is half full this time. This can only mean that financing is a sure thing. There are no plans because it will be someone else's job to make

[griefman]

Millski wrote: ”This can only mean that financing is a sure thing.” Where on earth did that “prediction” come from?

[robybob]

Thanks for the update ekim. Mil, confused about your post, financing a sure thing, or deal because no plans means it will someone elses job? Schocor, unless your the young man ekim said took off right after the meeting, it seems you were not at the AGM, why would you make claims that suggest you were?

[mill44]

Robybob, how does Ekim's post about the AGM sound? Tom and Eric didn't show up, winter/spring program never happened, no talk of a summer program or plan B for summer program, so what's going on, is there a next step? A glass half empty guy would say that this is bad, the best outcome one could hope for would be a rights offering (better than icing the project) and we all know what

[robybob]

,thanks mil, sarcasm is better live and in person,  I am a bit thick today, have a good one.

[mill44]

Actually, there was only a bit of sarcasm in there, but mostly real.

[griefman]

There you go Mill, I aint  the only one who doesn’t understand what yer saying sumtimes. 

[griefman]

It’s so obvious that anyone who has a continuing stake in this company, whether 3 days or 3 yrs old, are totally clueless to the the 5 W’s going on behind the scenes...this is not rocket science. Seems almost everyone has a somewhat different opinion of how those 5 W’s are going to play out and I don’t see any obvious reason to continue speculating what the frick is going to happen...it just

[shneps]

I, personally, did take something from what Mike said related to the work programs. Obviously the trenching is approved for the various pipes but a winter program did not proceed because monies were not in place and shareholders have spoken that a rights offering is not a wise direction when the possibility of financing is potentially at hand.  As for a summer program. $2 million dollar